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Marvell Shares Fall 6% as Treasury Yields Rise Before Earnings

Marvell Technology logoMarvell Technology
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Marvell shares dropped about 6% despite a bullish UBS research note on its AI franchise. The move reflects a jump in long-term Treasury yields and higher borrowing costs that weighed on high-multiple tech names. Marvell was the most extended in the semiconductor group ahead of its fiscal Q3 2026 earnings report in about nine days.

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