What Pushed Marvell Technology Inc. (MRVL) Lower on Thursday?

We recently dropped a rundown of 10 Stocks Traders Hammered on Thursday, and now we’re sizing up where Marvell Technology Inc. (NASDAQ:MRVL) fits in the wreckage. Thursday’s market torched early gains, closing in a brutal sell-off after President Donald Trump cranked tariffs on Chinese goods to 145%. The Nasdaq took the worst beating, down 4.31%, with the S&P 500 off 3.46% and the Dow shedding 2.50%.
Ten stocks got clobbered with double-digit drops as investors fled to safer ground amid trade war jitters. We’ve ranked Thursday’s hardest-hit—screening for $2 billion-plus market caps and $5 million trading volume—and dug into what sank them.
Marvell Technology Inc. (MRVL) cratered 13.27%, landing at $52.87, as the trade war spooked investors. With its semiconductor biz spanning the globe, including China, the U.S.-China clash threatens snarled supply chains and softer demand. Meanwhile, MRVL inked a $2.5 billion deal to offload its Brightlane automotive ethernet unit to Infineon Technologies AG, projecting $225-250 million in fiscal 2026 revenue. CEO Matt Murphy called it a shareholder win, noting data centers now drive 75% of Q4 2025 revenue, cementing MRVL’s pivot to data infrastructure.
MRVL slots 7th on our Thursday dump list. It’s got legs, but we’re more hyped on AI stocks for bigger, quicker gains. One AI sleeper’s up since 2025 kicked off, while big-name AI plays shed 25%. Eyeing an AI pick trumping MRVL at under 5x earnings? Scope our report on this dirt-cheap AI gem.