By David Moadel
Publication Date: 2026-08-24 18:01:00
Quick Read
MRVL drops 4% into August 27 earnings, with its 179% YTD gain and 58x forward P/E making it a bigger profit-taking target than Broadcom.
SOXX tumbles 3% against QQQ’s 0.7% decline, exposing semiconductors as today’s pressure point and compounding MRVL’s idiosyncratic pre-earnings risk.
MRVL options skew bullish at a 0.53 put/call ratio, but prior earnings reactions have swung from a 18% gain to a 20% loss.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn’t make the cut. Grab the names FREE today.
Semiconductors are a pressure point in tech today. Notably, the iShares Semiconductor ETF (NASDAQ:SOXX) is down 3% to $505.27 while the NASDAQ 100 tracking Invesco QQQ Trust (NASDAQ:QQQ) is down 0.7% to $708.39. Marvell Technology (NASDAQ:MRVL) stock is declining 4% to $228.31, giving ground three sessions before a confirmed earnings event and leading the semis lower. …
