Nvidia, Marvell, and Broadcom Plunge as Nasdaq Enters Bear Marke

Nvidia, Marvell, and Broadcom Plunge as Nasdaq Enters Bear Marke

April 4 – Semiconductor stocks are in freefall today, with growing concerns over tariffs and economic instability. The Nasdaq Composite Index has officially entered bear market territory, down over 20% since December.

Stocks like Marvell Technology (MRVL, Financial) are taking a hit, down 12% in midday trading. It’s now down 50% year-to-date. ON Semiconductor (ON, Financial) also slid 4.5%, marking a 44% drop for the year. Broadcom (AVGO, Financial) and Microchip Technology (MCHP, Financial)…

Article Source
https://www.gurufocus.com/news/2763242/nvidia-marvell-and-broadcom-plunge-as-nasdaq-enters-bear-market

More From Author

Oracle’s (ORCL) Cloud Strategy Bolsters AI Demand, Says Deutsche

Oracle’s (ORCL) Cloud Strategy Bolsters AI Demand, Says Deutsche

Amazon's 'Buy for Me' AI will purchase stuff from third-party websites – Engadget

Listen to the Podcast Overview

Watch the Keynote