Nvidia's stock selloff deepens after Marvell earnings: ‘Boy, sentiment is rough.'

Core Viewpoint - Nvidia Corp.'s stock, along with other semiconductor stocks, experienced a decline following Marvell Technology Inc.'s earnings report, which negatively impacted the artificial intelligence sector [1]. Group 1: Company Performance - Marvell Technology Inc. had previously established itself as a strong player in the AI market due to a multiyear contract with Amazon.com Inc., leading to high expectations for its earnings report [2]. - Despite a slight beat in results and outlook, Marvell's performance was insufficient to meet Wall Street's expectations, resulting in a negative market reaction [2].