Marvell Technology (NASDAQ:MRVL – Free Report) had its target price cut by Bank of America from $150.00 to $120.00 in a research report report published on Thursday morning,Benzinga reports. They currently have a buy rating on the semiconductor company’s stock.

Marvell Technology (NASDAQ:MRVL – Free Report) had its price objective trimmed by Needham & Company LLC from $120.00 to $100.00 in a research note published on Thursday,Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock.

Nvidia Corp.’s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell Technology Inc.’s earnings report which has put a further dent in the artificial-intelligence trade.

The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to the AI trade.

The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it. Shares of Marvell Technology slid Thursday morning following its quarterly report.

Shareholders in Marvell Technology, Inc. ( NASDAQ:MRVL ) had a terrible week, as shares crashed 23% to US$70.84 in

Marvell Technology beat analysts' Q4 2025 earnings and revenue estimates, driven by robust data center growth.