The Latest Breaking News from Marvell

Marvell Technology Inc. (NASDAQ:MRVL) has completed the $2.5 billion all-cash sale of its automotive Ethernet business, a strategic move that sharpens its focus on the booming data center and artificial intelligence markets.

U.S. stocks extended their impressive rally this Thursday, with the SP 500 and Dow Jones Industrial Average carving out fresh record highs. Tech stocks overall showed resilience, even as Nvidia Corp. (NASDAQ:NVDA) underperformed following muted quarterly results.

Marvell Technology enters its Q2 earnings with strong momentum, driven by surging AI-driven demand and broad-based recovery across its end markets.

With Marvell shares struggling this year, here's what investors need to know as the chipmaker prepares to report second-quarter earnings on August 28.

JPMorgan analyst Harlan Sur projects that Marvell Technology‘s (NASDAQ: MRVL) AI-related business will more than double year-over-year to $4 billion in 2025 and continue to accelerate in 2026.

These semiconductor stocks offer both near-term growth momentum and long-term structural upside.

Marvell Technology (MRVL) stock was a bearish candidate that came up on one of my Barchart Stock Screeners having broken below the 50-day moving average.

Marvell is gearing up for its Q2 results on August 28, and Wall Street is looking closely to see whether this chip stock’s AI-fueled run has more gas in the tank.

Semiconductor stocks Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Marvell Technology (NASDAQ:MRVL), Arm Holdings (NASDAQ:ARM), Micron Technology (NASDAQ:MU), Qualcomm (NASDAQ:QCOM), and Super Micro Computer (NASDAQ:SMCI) continue to trend amid an exciting week that included the quarterly results of AMD, Super Micro, and Apple (NASDAQ:AAPL), boosting its U.S. investment and…