Marvell Technology Group Ltd is trading 6.5% up at $280.60 in after-hours trading, rebounding from a steep 16.7% drop during the regular session.

  • The recovery follows a brutal trading day for AI and semiconductor stocks, which saw significant declines driven by profit-taking and Broadcom-led sector weakness.
  • After-hours momentum indicates strong dip-buying interest as investors reassess valuations in high-growth chip stocks following the broader tech market slide.