Why Marvell Technology Inc. (MRVL) Went Down On Thursday?

We recently published a list of Traders Heavily Sold Down These 10 Stocks on Thursday. In this article, we are going to take a look at where Marvell Technology Inc. (NASDAQ:MRVL) stands against other stocks that traders heavily sold down on Thursday.

The stock market wiped away earlier gains, ending Thursday’s trading in another bloodbath session, as investors sold off positions amid President Donald Trump’s announcement that he had actually raised tariffs on Chinese goods to 145 percent.

The Nasdaq was battered the most among all major indices, losing 4.31 percent. The S&P 500 followed with a 3.46-percent drop while the Dow Jones came in last, down 2.50 percent.

Meanwhile, 10 companies were heavily sold down on Thursday, recording double-digit losses as investors parked funds to minimize risks from the ongoing uncertainties. In this article, we have listed Thursday’s 10 worst performers and detailed the reasons behind their drop.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume.

An assembly line in a semiconductor factory, with workers at their stations.

Marvell Technology Inc. (NASDAQ:MRVL)

Marvell Technology saw its share prices nosedive by 13.27 percent on Thursday to end at $52.87 each as investor sentiment was dampened by the ongoing trade war’s potential impact on its business.

With MRVL’s business of manufacturing and distributing semiconductor products globally, including China, the escalating trade war between two of the world’s largest economies could largely impact supply chain operations and result in lower demand for its products.

In other news, MRVL entered into a definitive agreement with Infineon Technologies AG for the sale of its automotive ethernet business Brightlane for $2.5 billion.

According to MRVL, the sale is expected to generate revenues between $225 million and $250 million for fiscal year 2026.

“Marvell has transformed itself into a leading data infrastructure solutions provider, with the data center end market driving 75 [percent] of consolidated revenue in the fiscal fourth quarter of 2025,” said MRVL Chairman and CEO Matt Murphy. ”We believe this transaction delivers the strongest financial return for Marvell shareholders, given its compelling valuation.”

Overall, MRVL ranks 7th on our list of stocks that traders heavily sold down on Thursday. While we acknowledge the potential of MRVL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MRVL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.