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International Business Times

Business

Marvell Technology Stock Surges 16% on Strong Q4 Earnings, AI Data Center Momentum

Marvell Marvell Technology Inc MRVL Nasdaq

Marvell Technology Inc. (NASDAQ: MRVL) shares rocketed higher Friday, March 6, 2026, climbing more than 16% in trading as investors cheered blockbuster fourth-quarter results and upbeat guidance fueled by explosive demand for AI infrastructure.

Marvell Technology

The Santa Clara, California-based semiconductor company closed at approximately $87.88, up $12.20 or 16.12% from Thursday's close of $75.68, according to real-time data from Nasdaq and financial platforms like Yahoo Finance and CNBC. Intraday highs reached near $88.55, with volume surging to over 16 million shares — well above the average of 14-15 million.

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