Marvell stock ends week with an 8% jump as chip rally returns — but a new share-sale filing hangs over Monday
Marvell Technology shares jumped 8.18% to $80.28 Friday, closing higher after a rally in chip stocks, with a final after-hours trade at $81.51. Marvell filed to register over 24 million shares for resale tied to its Celestial AI acquisition, as semiconductor stocks surged on strong AI-driven demand forecasts.