🟢 GraniteShares 2x Long MRVL Daily ETF is trading 13% up today on an AI chip volatility rebound after a sharp regular session sell-off

GraniteShares 2x Long MRVL Daily ETF is trading 13% higher in after-hours trading on June 5, 2026, rebounding after a steep 33.1% decline during the regular session.

• The move comes amid extreme volatility in AI-focused semiconductor stocks and leveraged products tied to Marvell Technology (MRVL) as traders rapidly re-risk positions following a macro-driven tech sell-off.
• Broader market pressure, particularly on the Nasdaq Composite, has been driven by a stronger-than-expected U.S. jobs report and shifting Fed rate expectations.
• As a leveraged instrument, MVLL is experiencing outsized swings that amplify sector-wide technology moves rather than reacting to any single company-specific headline.