NASDAQ:MRVL 30 August 2025 - 18 November 2025

Marvell Technology shares fell about 5% to $79–$80 in midday trading Tuesday, tracking a broader sell-off in AI chip stocks amid valuation concerns. The stock is down roughly 10.5% over the past five sessions and trades about 38% below its 52-week high. Institutions hold 83–86% of shares. Wall Street analysts maintain a “Buy” consensus with average price targets in the low-to-mid $90s.

Marvell Technology shares trade in the high-$80s, down about 20% year-to-date but up 15–20% from last fall. The stock jumped over 5% in late October after Amazon cited strong demand for Trainium AI chips, which Marvell helps produce. About 74% of Marvell’s revenue now comes from cloud data center products, with AI-related sales rising rapidly. Marvell faces competition from Broadcom, Nvidia, and AMD in cloud and AI chips.

Marvell Technology shares trade in the mid-$80s, up 17% year-over-year but down over 20% in 2025 after peaking at $127.48 in January. The stock surged 30% in September on a $5 billion buyback, then dipped after a TD Cowen downgrade before rebounding on AI chip optimism tied to OpenAI and AMD deals. Q2 revenue hit $2.006 billion, up 58% year-over-year, with AI chips now 73% of sales.