I'm pretty sure the plunge is

I'm pretty sure the plunge is not just because of broadcom, more the fact that it went up 70% in a short span from Jensen said it'd be the next trillion dollar company and essential to AI.

Heavily in ovebought territory with a price that isn't rationally justified to their 3 statements.

People are taking profits, and have their eyes on the broader news, the iran war.

Stock Track | Marvell Technology Plunges 6.44% in After-Hours Trading as Broadcom's Earnings Miss Sparks AI Chip Sector Concerns

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Heavily in ovebought territory with a price that isn't rationally justified to their 3 statements. People are taking profits, and have their eyes on the broader news, the iran war.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/571548030367312","repostId":1114307338,"repostType":2,"repost":{"id":"1114307338","kind":"news","weMediaInfo":{"introduction":"Track stock‘s movements and relevant news","home_visible":1,"media_name":"Stock Track","id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1780531263,"share":"https://ttm.financial/m/news/1114307338?lang=en_US&edition=fundamental","pubTime":"2026-06-04 08:01","market":"us","language":"en","title":"Stock Track | Marvell Technology Plunges 6.44% in After-Hours Trading as Broadcom's Earnings Miss Sparks AI Chip Sector Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1114307338","media":"Stock Track","summary":"Marvell Technology's stock tumbled 6.44% in after-hours trading on Wednesday, sharply reversing its strong intraday gains. 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The semiconductor company had extended a rally fueled by Nvidia CEO Jensen Huang's endorsement earlier in the week, but the momentum was halted after the market closed.</p><p>The after-hours plunge appears directly linked to sector-wide concerns triggered by earnings results from competitor Broadcom. Broadcom reported quarterly revenue that missed analyst estimates, sending its own shares tumbling over 13% in extended trading. In its report, Broadcom highlighted intensifying competition in the custom AI chip market, noting that rivals like Marvell Technology are making inroads with key hyperscale customers.</p><p>Investors reacted to the news by selling semiconductor stocks after the closing bell, concerned that the explosive growth in AI-related chip demand might face headwinds from increased competition and potential supply chain challenges. The Broadcom results served as a stark reminder of the high expectations priced into the sector following its recent record-breaking rally.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRVL":"迈威尔科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114307338","content_text":"Marvell Technology's stock tumbled 6.44% in after-hours trading on Wednesday, sharply reversing its strong intraday gains. The semiconductor company had extended a rally fueled by Nvidia CEO Jensen Huang's endorsement earlier in the week, but the momentum was halted after the market closed.The after-hours plunge appears directly linked to sector-wide concerns triggered by earnings results from competitor Broadcom. Broadcom reported quarterly revenue that missed analyst estimates, sending its own shares tumbling over 13% in extended trading. In its report, Broadcom highlighted intensifying competition in the custom AI chip market, noting that rivals like Marvell Technology are making inroads with key hyperscale customers.Investors reacted to the news by selling semiconductor stocks after the closing bell, concerned that the explosive growth in AI-related chip demand might face headwinds from increased competition and potential supply chain challenges. 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