Marvell Technology shares fell 4% ahead of its August 27 Q2 earnings report, dragging down the semiconductor sector with it. Despite a strong 179% gain year-to-date, investors are cautious as the stock trades below its 50-day moving average, signaling profit-taking before the earnings release. Broadcom shares also slipped 2%, reflecting sector-wide pressure but with less downside risk due to a lower valuation. Investors are advised to manage position sizes carefully given the high volatility and active options trading around the earnings event.
Marvell Technology is set to report its Q3 earnings on August 27, 2026, with analysts forecasting earnings per share of $0.93 and revenue of $2.72 billion, reflecting a 35% year-over-year increase. This growth is fueled by strong demand in the AI chi...
Credo Technology's stock surged nearly 95% over the past year, driven by strong revenue growth and successful AI infrastructure products. Despite a recent 21% drop, fundamentals remain solid with FY2026 revenue tripling to $1.3 billion and management...
Semiconductor stocks rose on August 25, 2026, driven by news that the U.S. Treasury might use its nearly $1 trillion cash reserve to buy back bonds, lowering long-term yields. This move reduces supply pressure on bonds, causing yields to drop and boo...
As AI infrastructure expands, the demand for data movement between chips and data centers grows, spotlighting the connectivity layer as a key profit area. Arista Networks leads in Ethernet switching with strong revenue growth and a bullish outlook, B...
Marvell Technology is rated a strong buy with a new price target of $435, suggesting a 90% upside despite recent share price volatility. The company is expected to see strong revenue and earnings growth, with projections of 35% revenue growth and 39%...
