Key Takeaways The S&P 500 dropped 1.8% on Thursday, March 6, 2025, as investors reacted to the back-and-forth surrounding U.S. trade policies and awaited Friday's jobs report.AI-related stocks lost ground after a lackluster forecast from chipmaker Marvell Technology contributed to doubts about the AI boom.
Marvell’s latest earnings beat Wall Street’s estimates, but the company’s outlook was roughly in line with expectations.
The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to the AI trade.
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Despite topping those key guidance metrics, Marvell’s stock fell more than 15% after-hours. This year, investors have been punishing AI-related stocks that fail to meet their sky-high expectations, and Marvell’s stock is now down 18% in the year to date.
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it. Shares of Marvell Technology slid Thursday morning following its quarterly report.
Marvell beat expectations with its latest quarterly results and outlook, but that wasn’t enough to lift the stock.
Perhaps the most surprising part of Marvell Technology 's earnings is that it didn’t surprise investors. The AI semiconductor company lost nearly 20% of its market value on Marc
Broadcom's shares soared 12% in premarket trading on Friday as the chipmaker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following rival Marvell Technology's bleak outlook.
Marvell Technology beat analysts' Q4 2025 earnings and revenue estimates, driven by robust data center growth.
Marvell Technology (MRVL) stock plunged about 15% in Wednesday’s extended trading session despite the chipmaker’s better-than-expected results