NEW YORK, December 29, 2025, 8:42 PM ET — Market closed
- Marvell shares fell 0.6% to $85.76 as the chip sector turned mixed in late-year trading.
- Nvidia and Broadcom slipped, while Intel rose after a filing showed Nvidia took a $5 billion stake.
- Investors are watching Fed minutes, weekly jobless claims and Marvell’s CES-linked CEO appearance next.
Marvell Technology Inc (MRVL) shares fell 0.6% to $85.76 on Monday, with the Nasdaq-listed chipmaker trading between $84.21 and $86.09 as markets headed into the final trading days of the year.
Marvell supplies data infrastructure semiconductor solutions spanning the data center core to the network edge, and also develops chips tailored to specific customer designs for artificial intelligence and other networking-heavy workloads.
That mix leaves the stock sensitive to shifts in risk appetite around AI-linked hardware, especially when investors rebalance positions into year-end.
Semiconductors were mixed on the day. Nvidia fell about 1.2% and Broadcom slid 0.8%, while Intel rose 1.3%; the iShares Semiconductor ETF eased 0.2%.
Intel remained in focus after the company said in a filing that Nvidia had purchased Intel shares worth $5 billion, carrying out a transaction announced in September.
For Marvell, investors continue to treat the stock as part of the broader AI infrastructure trade, where moves often track sentiment on data-center buildouts and connectivity spending.
Before the next session, traders will be looking for signs that the late-year pullback in big tech is stabilizing. The Dow fell 0.51% on Monday, the S&P 500 lost 0.35% and the Nasdaq dropped 0.5%, according to Reuters.
Minutes from the Federal Reserve’s previous meeting and weekly jobless claims are also on the radar in what Reuters described as an otherwise data-light week. “It’ll turn out to be a buying opportunity,” said Hank Smith, director and head of investment strategy at Haverford Trust. Reuters
Marvell’s investor calendar lists a J.P. Morgan CES fireside chat with Chief Executive Matt Murphy on Jan. 6, but it does not yet show a date for the company’s next quarterly results.
Marvell is also promoting CES 2026 meetings in Las Vegas to showcase its copper and optical interconnect portfolio and CXL products; CXL, short for Compute Express Link, is a standard that helps servers connect processors and memory at high speed. Traders are also watching whether MRVL holds above $84, Monday’s low, and reclaims $86, the day’s high.
