Marvell Technology Inc is a global semiconductor company that specializes in designing and manufacturing innovative solutions for data infrastructure
The company focuses on providing a wide range of products, including integrated circuits and system-on-chip solutions, that cater to applications in networking, storage, and processing. Marvell's technology enables efficient data transmission and storage, supporting various industries such as telecommunications, computing, and automotive. By leveraging advanced technologies, Marvell aims to drive the performance and efficiency of data centers and enterprise networks, while also contributing to the evolution of connected devices and smart technologies.
Some tickers were already undervalued headed into this week's plunge. Now they're long-term prospects that are just too good to pass up at their present prices.
Stocks surged Wednesday morning, with major indices poised to snap a two-day losing streak, as cooler-than-expected inflation reinforced expectations for Federal Reserve rate cuts in 2025.
Trump may scrap US chip subsidies for Taiwan Semiconductor, causing AI chip stocks to trade lower. Big Tech leaders may meet to discuss stricter tariff policies.
The Invesco QQQ ETF entered into correction territory, dropping 10.8% from its recent peak. As such, several stocks have incurred heavy losses since the start of the year. Here is a quick look at some stocks in the fund that were hit but may recover.