MRVL is trading 3.5% up at $253.76 in pre-market, rebounding from a sharp two-day selloff as bullish sentiment around AI infrastructure chips continues.
- The stock is recovering after a recent pullback from highs, supported by sustained optimism regarding the company's role in the AI hardware ecosystem.
- Market sentiment remains buoyed by prior reports of major hyperscaler interest in Marvell's custom silicon and networking solutions.
- The move occurs without any fresh company-specific announcements, suggesting a technical rebound and continued sector-wide momentum.