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NASDAQ:MRVL 20 May 2026 - 3 June 2026

Broadcom’s $280 Billion AI Rally Hits Key Test

Broadcom’s $280 Billion AI Rally Hits Key Test

Broadcom heads into Wednesday’s earnings after shares ran higher for four days. Traders have piled into custom AI chips and data-center networking plays, boosted this week by Alphabet’s $80 billion stock sale plan and a record move in Marvell Technology. Broadcom is due to post its fiscal Q2 numbers after the close, with a results call set for 5:00 p.m. ET, the company said.
Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell Technology gained around 7% in late U.S. trading after it rolled out a high-capacity networking chip aimed at AI data centers. That move adds to what has been a strong 2026 rally for the chipmaker, driven by demand for custom silicon and optical connectivity. Shares last traded at $219.43. The Invesco QQQ Trust, tracking growth names on the Nasdaq, was up roughly 0.6%.
Marvell Shares Face Monday Test After AI-Driven Climb

Marvell Shares Face Monday Test After AI-Driven Climb

Marvell Technology is set to open Monday trading close to the highs it reached in a strong 2026 stretch, as last week’s results pushed some investors to buy up the chipmaker on hopes for more artificial-intelligence revenue, though some remained cautious. The Nasdaq-listed shares finished Friday at $205.00, a gain of 0.08% for the session and roughly 4.4% above the previous Friday’s $196.33 close. Nasdaq is closed Sunday and trades between 9:30 a.m. and 4 p.m. ET on weekdays.
Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow Jones Closes at Record as Oil Sinks; AI Stocks Pause

The Dow Jones Industrial Average closed at a record high on Wednesday, rising 189.08 points, or 0.37%, to 50,650.76, as investors bought healthcare and consumer shares while the AI-led rally cooled. The S&P 500 edged up 0.02% and the Nasdaq Composite added 0.08%, leaving the broader market nearly flat after a run of record-setting gains.
Dow Hits Record Close As Wall Street’s AI Rally Loses Its Easy Money Feel

Dow Hits Record Close As Wall Street’s AI Rally Loses Its Easy Money Feel

The Dow Jones Industrial Average closed at a record high on Wednesday, helped by healthcare and consumer stocks, while the S&P 500 and Nasdaq barely moved as the artificial intelligence trade took a pause. Preliminary data showed the Dow rose 189.08 points, or 0.37%, to 50,650.76; the S&P 500 added 1.81 points, or 0.02%, to 7,520.93; and the Nasdaq gained 18.55 points, or 0.08%, to 26,676.60.
Why POET Technologies Stock Jumped After a $50 Million Lumilens AI Optics Order

POET Technologies’ $400 Million Question: Why the Stock Is Falling While Chip Shares Rally

POET Technologies Inc. shares fell about 7.7% to $13.46 in Tuesday afternoon trading, bucking a broad chip rally as investors kept pressure on the AI photonics company after its recent stock-and-warrant financing. The shares traded between $13.14 and $15.44 after opening at $15.00, with nearly 35 million shares changing hands, while the iShares Semiconductor ETF rose about 5.5%.
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