Marvell names Adobe's Dan Durn as finance chief amid growing AI demandDurn will take charge at Marvell starting June 15, while Meintjes will remain with the semiconductor company in an advisory role through ...
12 Jun, 2026, 09.51 AM IST
Adobe CFO exit fans strategy worries despite outlook raiseDurn's exit comes only three months after long-time CEO Shantanu Narayen decided to step down, leaving the company's trajectory uncertain ...
12 Jun, 2026, 08.02 AM IST
The conviction in India continues to be very high: Citi's Achintya ManglaIndia is a significant market for Citi, with growth expected in AI, energy, and data-center infrastructure. Foreign investors are currently...
12 Jun, 2026, 01.24 AM IST
China's control over indium phosphide exports threatens AI data centre rolloutAnderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in m...
11 Jun, 2026, 09.15 AM IST
Why did the Nasdaq 100 crash more than 550 points today? US stock market Dow Jones, S&P 500 and Nasdaq plunge into deep red as AI's biggest winners become the market's biggest losersUS stock market crash today: The Nasdaq just delivered a sharp reality check to Wall Street. On June 9, 2026, the tech-heavy Nasdaq Composi...
09 Jun, 2026, 11.12 PM IST
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
09 Jun, 2026, 09.25 PM IST
Marvell to join S&P 500 after AI boom helps chipmaker pass profitability testThe company will replace swimming pool equipment distributor PoolCorp on the benchmark index before the start of trading on June 22. Marvel...
06 Jun, 2026, 08.42 AM IST
Chip slump erases $1.3 trillion in stock market valueThe PHLX's combined loss of 12% over two sessions shows investors are becoming more concerned about pricey, high-flying tech stocks just as...
06 Jun, 2026, 08.40 AM IST
US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs dataWall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. H...
05 Jun, 2026, 01.37 AM IST
US Stocks: Broadcom set to shed $300 billion in value as AI results fail to impress; shares fall 14%The losses, if sustained, will erase more than $315 billion from the company's market value of about $2.268 trillion, in one of the biggest...
04 Jun, 2026, 07.35 PM IST
Broadcom set to shed $300 billion in value as AI results fail to impressBroadcom shares dropped significantly after its AI chip business results missed high expectations. This decline affected other chip compani...
04 Jun, 2026, 06.21 PM IST
Broadcom's second-quarter revenue misses estimates as competition bitesSecond-quarter revenue came in at $22.19 billion, missing estimates of $22.27 billion, as Broadcom races with Nvidia whose dominant graphic...
04 Jun, 2026, 08.29 AM IST
One sentence from Jensen Huang just made Marvell the hottest stock on the planet, company added $90 billion in 2 daysJensen Huang Marvell (MRVL) trillion dollar prediction: Marvell Technology's stock surged after Nvidia CEO Jensen Huang lauded the company ...
03 Jun, 2026, 09.43 PM IST
Nvidia and Marvell CEOs highlight role of connectivity in powering next-generation AI infraMarvell stocks soared over 30% after the Nvidia chief's announcement, according to various media reports. Earlier this year, Nvidia announc...
03 Jun, 2026, 02.15 PM IST
US stocks today: US stocks end modestly higher as AI zeal overcomes Middle East jittersUS stocks ended mixed as AI-driven optimism supported markets but was offset by rising geopolitical tensions and oil prices. Small-cap and ...
03 Jun, 2026, 01.33 AM IST
A company founded around a kitchen table could be world's next trillion-dollar company, says Nvidia CEO Jensen Huang. Who was Marvell's co-founder, who became a certified radio technician at the age of 13?Nvidia CEO Jensen Huang has predicted that Marvell Technology could become the world's next trillion-dollar company, highlighting its cruci...
02 Jun, 2026, 08.18 PM IST
Marvell shares touch record high after Nvidia's Huang calls it 'next trillion-dollar company'Marvell Technology shares saw a significant jump of over 25%. This surge followed Nvidia CEO Jensen Huang's prediction that Marvell could b...
02 Jun, 2026, 07.45 PM IST