MRVL

Earlier on MRVL

• August 28, 2026, pre-market (-7.47%)

  MRVL indicated $223.41, overnight gap -7.47%. The overnight pullback follows an evening earnings release: Marvell's SEC filing covering results of operations landed after Wednesday's close, and while Q2 revenues and earnings both beat consensus estimates, the premarket drop suggests the beat was already priced into a stock that had more than doubled this year. Beyond the quarter, the structure of Marvell's Google partnership draws attention: a warrant for nearly 59 million shares vests only as Google purchases reach $120 billion over 6.5 years, with no binding commitment from Google to hit that threshold.

• August 27, 2026, pre-market (+4.08%)

  MRVL indicated $255.11, overnight gap +4.08%. Marvell reports Q2 FY2027 results after the close today, with consensus expecting roughly 35% revenue growth and 39% EPS growth year over year. The pre-market gap follows the disclosure that Google received a warrant for nearly 59 million shares tied to a custom AI chip partnership, with full vesting contingent on Google purchasing up to $120 billion of chips over 6.5 years under no binding commitment. Separately, Marvell introduced new pooled and shared-memory technology targeting AI inference bottlenecks that management has positioned as a growth avenue beyond its existing custom silicon and networking lines. Tonight's guidance commentary on the Google deal's revenue timeline is the focal point for the print.

• August 26, 2026, pre-market (-0.01%)

  MRVL indicated $240.37, overnight gap -0.01%. The premarket surge is tied directly to Q2 FY2027 earnings due after the close Thursday, where consensus is modeling roughly 35% revenue growth year over year. Strategically, Marvell has been building toward a report by introducing new pooled and shared-memory technology targeting AI inference bottlenecks, positioning the company for growth beyond its existing custom silicon and networking lines. Separately, Google holds a warrant for nearly 59 million Marvell shares that vests only as Google makes qualifying chip purchases, with full vesting contingent on $120 billion in cumulative buys over 6.5 years, a structure that ties Marvell's dilution risk to actual customer spend rather than calendar time.

• August 25, 2026, pre-market (+3.47%)

  MRVL indicated $237.24, overnight gap +3.47%. The session-prior pullback came alongside broad semiconductor weakness and a Nasdaq rotation into blue chips, ahead of what is shaping up as a high-stakes week for the sector. Marvell reports Q2 FY2027 results after the close Thursday, August 27, with the consensus expecting roughly 35% revenue growth year over year. Separately, Marvell recently introduced new pooled and shared-memory technology aimed at easing a critical AI infrastructure bottleneck, positioning it to expand beyond custom silicon and networking into memory architecture for hyperscalers. Fed Chair Kevin Warsh is also scheduled to speak at Jackson Hole on Friday, adding a macro overlay to the week's chip earnings cycle.

• August 24, 2026, post-market (-3.27%)

  MRVL closed at $229.29, down 3.27% on the session. Today's pullback came alongside broad semiconductor weakness that pressured the Nasdaq while blue-chip names held up, reflecting sector-level rotation rather than Marvell-specific news. The near-term focus is the Q2 report due after the close on August 27, where analysts are projecting roughly 35% revenue growth and 39% EPS growth. That report arrives in the same week as Fed Chair Kevin Warsh's Jackson Hole remarks on Friday, compressing macro and company-level catalysts into a tight window. A $2 billion Nvidia investment and Jensen Huang's public endorsement as a potential trillion-dollar AI chip company remain the strategic backdrop against which Wednesday's results will be measured.

• August 24, 2026, pre-market (-3.20%)

  MRVL indicated $229.45, overnight gap -3.20%. The premarket slide follows a week of scrutiny around Google's warrant deal, struck in July 2026, granting Alphabet nearly 59 million Marvell shares that vest only as Google spends up to $120 billion on chips over 6.5 years, with no binding commitment from Google to reach that threshold. Separately, Marvell unveiled new pooled and shared-memory technology aimed at easing a core AI infrastructure bottleneck for hyperscalers, a product line that sits alongside its custom silicon and networking businesses. Q2 FY2027 earnings are scheduled after the close on Thursday, August 27.

• August 21, 2026, post-market (-5.57%)

  MRVL closed at $237.04, down 5.57% on the session. Today's pullback followed a strong run built largely on Marvell's positioning in AI custom silicon and data-center networking partnerships. A Google-Marvell deal has drawn attention as a benchmark for XPU demand in the broader AI infrastructure buildout, while Marvell's own acquisitions have been cited as central to its custom silicon strategy.

• August 21, 2026, pre-market (+1.15%)

  MRVL indicated $253.88, overnight gap +1.15%. The session surge follows this week's disclosure that Marvell issued Google a warrant for nearly 59 million shares tied to a custom silicon partnership, with full vesting requiring Google to purchase chips over 6.5 years at a cumulative value more than double Marvell's current annual revenue. Each tranche of the warrant unlocks in roughly $500 million purchase increments across 240 installments, and Google has made no binding commitment to reach the full threshold. JPMorgan flagged strong earnings upside from the expanded partnership, with Marvell's own fiscal Q2 2027 results due after the close on August 27.