BUSINESSMARKETWATCH
Marvell, Micron shares tumble as the chip sector suffers its worst day in 6 years
Marvell and Micron shares declined as the chip sector experienced its worst day in six years. Investors are reducing enthusiasm for momentum stocks amid a strong jobs report.
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Adjacent reporting
- Why Intel’s stock is falling and guiding the chip sector toward its worst day of the year
- Qualcomm drops 13% as chip stocks pull back from record AI-driven rally
- Why Broadcom’s stock is falling so hard after earnings
- Broadcom’s stock falls despite accelerating AI chip growth
- Nvidia, Intel and other hot chip stocks fall as AI exuberance fades
- How major US stock indexes fared Friday 6/5/2026