셀스마트 대니
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5 months ago
Marvell Technology Plunges 19.8% Amid Low-cost AI Competition and Tariff Risks (Mar 7, 2025)
Shares of Marvell Technology (MRVL) dropped sharply by 19.8% on March 6, closing at $72.28. Intraday, shares fell as low as $71.65, marking their lowest point in the past four months.Investor anxiety intensified due to concerns over rising competition from low-cost AI infrastructure investments sparked by Chinese AI startup DeepSeek, as well as increasing uncertainty in the global semiconductor industry triggered by tariffs imposed by the Trump administration on China and other countries. Marvell's steep decline erased significant market capitalization within a single day, reflecting heightened investor caution.Market expectations had been elevated regarding Marvell’s AI-driven revenue growth, but the company's fourth-quarter revenue guidance fell short of the highest analyst estimate ($1.94 billion). Additionally, the broader semiconductor sector came under pressure, with peers Broadcom and Nvidia experiencing declines, further amplifying market uncertainty.While the long-term outlook remains favorable due to sustained growth in AI semiconductor demand, the near-term environment is challenged by intensified price competition from Chinese firms and tariff-related uncertainties.
