Marvell Technology(US:MRVL) 证券时报·2025-08-29 14:18Market Overview - US stock indices opened lower, with the Dow Jones down 0.13%, S&P 500 down 0.20%, and Nasdaq down 0.37% [1] - Nasdaq China Golden Dragon Index saw an initial increase of 1.37% [2] Company Highlights - Alibaba's US stock rose over 10%, with executives stating that over the past four quarters, the company has invested more than 100 billion yuan in AI infrastructure and product development [4] - Marvell Technology (MRVL) opened significantly lower, dropping over 17% after providing third-quarter revenue guidance below market expectations [5] - Dell's stock price fell by 11% as its third-quarter profit forecast did not meet expectations [6] - Nvidia's stock saw a decline of 3%, despite reporting a 56% year-over-year revenue growth to $46.7 billion, driven by its AI data center business [7] - Nvidia's net profit for the quarter reached $26.422 billion, a 59% increase year-over-year, exceeding market expectations [9] - Nvidia anticipates third-quarter revenue of $54 billion, with a stock buyback plan of $60 billion approved by its board [9] - Other high-performing stocks included Ambarella, which surged nearly 30%, IREN up over 26%, Affirm Holdings up over 22%, and Autodesk up over 10% [9]