Semiconductor stocks fall 5% as investors shift focus from AI demand to margins
U.S. chip stocks fell Thursday, even as TSMC raised its outlook. The sector index dropped nearly 5% in afternoon trading.
Semiconductor Stocks Drop as Korea’s $576 Billion Plan Rattles AI Supply Outlook
U.S. chip stocks dropped hard Monday, with the Philadelphia semiconductor index sliding 3.6% in late-morning deals as Micron Technology, Sandisk, and SK Hynix paced the losses. Oil prices moved higher on renewed U.S.-Iran fighting, spurring a wider risk-off move. “The conflict is testing whether the stock market’s broad-based growth can hold,” said Alex Guiliano, chief investment officer at Resonate Wealth Partners.
MaxLinear (MXL) Moved 28% in Wild Week; Shorts Boosted Positions Near Highs
Short interest in MaxLinear, Inc. rose 34.7% to 4.15 million shares as of June 30, when the stock closed at a record $128.03. Short interest tracks shares investors borrow and sell, aiming to profit if prices drop. U.S. markets are closed over the weekend. Shares ended Friday at $91.30, down 28.7% from that high.
Marvell (NASDAQ:MRVL) rebound trims some losses after AI-chip selloff
Marvell Technology, Inc. traded higher before the bell Monday, clawing back about a third of the loss from its prior session. Shares stood at $254.36 as of 7:00 a.m. ET, up 3.70% from the July 2 close at $245.29, according to Public.com. Nasdaq regular hours open at 9:30 a.m. ET after the U.S. holiday closure on July 3.
Marvell drops after S&P 500 start as AI pricing in focus
Marvell Technology, Inc. starts the week facing a clear issue: it’s in the S&P 500 now, but traders are getting more cautious on the value of its AI revenue story.
Marvell (NASDAQ:MRVL) falls as AI data-center surge cools into holiday week
U.S. markets closed on Friday for the Independence Day holiday, so Marvell's last full session was Thursday. Nasdaq says July 3, 2026, will be a holiday. NYSE also has that date as the observed Independence Day.
Marvell Technology (NASDAQ:MRVL) slips, AI data-center premium narrows ahead of holiday
Marvell Technology, Inc. dropped 10.8% to $242.78 on Thursday afternoon, leading losses among chip stocks. Broadcom Inc., NVIDIA Corp. and the broader market also slipped as traders sold semiconductors ahead of the long U.S. market holiday.
AMD holds steady after UBS sets $1.1T target, AI rivalry grows
Advanced Micro Devices, Inc. finished Wednesday little changed. UBS, which had one of the highest targets on AMD, reset its view, but the stock barely moved. Investors didn't rush to buy on another AI-chip call.
Dow ends higher; Nasdaq drifts as AI stocks slip, oil falls
Dow climbs 184 points, S&P 500 inches lower, Nasdaq drops The Dow Jones Industrial Average added 184.03 points, or 0.36%, to finish at 51,850.87 on Wednesday. The S&P 500 slipped 6.97 points, or 0.09%, to 7,358.49. The Nasdaq Composite fell 110.40 points, or 0.43%, settling at 25,476.64.
Nasdaq Drops After Hours as AI Stocks and Chip Names Fall
US stocks fell on Tuesday, with the Nasdaq and S&P 500 both closing at their lowest in more than a week after chip stocks tumbled. The moves ended the relative calm that followed last week’s Middle East de-escalation. According to MarketWatch, the Nasdaq Composite dropped 2.00%, the S&P 500 lost 1.31%, and the Dow Jones Industrial Average slipped 0.04%.
Dow Edges Past Tech Rout After Trading Ends
Dow ends near flat line Tuesday, holding up better than the wider market as losses in chip names and big tech pressured the S&P 500 and Nasdaq. Early close numbers show the Dow off 0.08% at 51,670.82. The S&P 500 dropped 1.42% to 7,366.87, and the Nasdaq Composite slid 2.04% to 25,632.46.
Marvell (MRVL) Enters S&P 500 as AI Trade Wobbles
Marvell Technology fell roughly 10% Tuesday, wiping out gains for one of this year’s top AI chip names. The drop came just a day after Marvell joined the S&P 500.
Dow Stays Flat While Nasdaq Sinks on AI Selloff
Dow flat near 51,700 as AI stocks drop hit Nasdaq, S&P 500 harder The Dow Jones Industrial Average was mostly steady late Tuesday morning, last at 51,703.51, down 9.20 points, according to Reuters. The Dow traded in a narrow band of 51,301.77 to 51,809.84, holding up better than the Nasdaq and S&P 500 as selling in technology names tied to artificial intelligence dragged on the broader market.
Nasdaq Drops as AI Stocks Sell Off, Dow Still Positive
Tech and chip losses pressed down on the Nasdaq and S&P 500 early Tuesday, though the Dow Jones Industrial Average managed to stay just above flat.
Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide
Semiconductor stocks around the world fell sharply Tuesday, with South Korea’s KOSPI down 9.99%. Chipmakers in Europe dropped too, and Nasdaq 100 futures shed 2.7% ahead of the Wall Street open. “Former generals … appear to have lost momentum,” said Chris Weston, head of research at Pepperstone.
Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks
Tech names weighed on Wall Street futures early Tuesday as contracts pointed lower before the open. Investors pulled back from artificial intelligence trades while worries about a hawkish Fed path added pressure. Futures trade ahead of the main session and offer a view on where indexes may open.
Marvell Added to S&P 500 but Shares Fall
Marvell Technology shares traded lower on Monday, dropping in their first session as part of the S&P 500, after a strong rally that turned the chipmaker into a large AI infrastructure play for Wall Street.
Marvell set for S&P 500 entry after AI-driven jump
Marvell Technology is set to start trading in the S&P 500 after a volatile push that saw shares gain about 11% in the holiday-shortened week. U.S. equity markets closed Friday for Juneteenth, so the last regular price was Thursday at $310.58. Markets stay closed through the weekend. The index change hits Monday.
Marvell joins S&P 500 a week after KeyBanc upgrade and optics milestone
Marvell Technology starts its first week on the S&P 500 after jumping sharply Thursday. The move followed an analyst upgrade and more signs that AI data center demand for its optical chips remains strong. Shares finished at $310.58 on June 18, up 7.27%. The stock hit an intraday peak near $329.88.
Stocks bounce back; Iran deal, chips boost market despite Fed worries
Stocks in the U.S. ended the holiday-shortened week higher Thursday. An interim U.S.-Iran deal eased some concerns over inflation, and semiconductors rallied. That helped offset renewed worries the Fed could hike rates this year. The Nasdaq Composite added 496.28 points, or 1.91%, to close at 26,517.93. The S&P 500 finished up 80.48 points, or 1.08%, at 7,500.58.