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home / articles / MRVL - What's Going On With Marvell Technology (MRVL) Stock? | Benzinga

MRVL - What's Going On With Marvell Technology (MRVL) Stock? | Benzinga

Marvell Technology Inc.

Marvell Technology Inc (NASDAQ:MRVL) shares are trading lower by 1.84% to $66.95 during Friday’s session and 10.4% over the trailing week. Semiconductor stocks are seeing a decline this week as reports suggest President Biden might implement additional restrictions on China. This comes alongside Republican nominee Donald Trump's remarks about the China-Taiwan conflict during a Bloomberg interview. The sector's performance is also impacted by weak guidance from ASML.

Trump's comments regarding the China-Taiwan situation highlight the geopolitical risks associated with Taiwan, a critical hub for semiconductor manufacturing. Tensions between China and Taiwan can disrupt the global semiconductor supply chain, which is heavily reliant on Taiwan-based companies like TSMC.

Trump's assertion that ...

MRVL) Stock?>Full story available on Benzinga.com
Stock Information
Company Name: Marvell Technology Inc.
Stock Symbol: MRVL
Market: NASDAQ
Website: marvell.com
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