Guavaxf3006
06-26 13:30

This is a very drastic reversal, but for a counter like MRVL, not surprising. If you pause and take a higher view, MRVL's meteoric rise in price of shares should logically see a correction. 

Underlying matter for investors to consider is what is the future of the company. For what they are producing, it can only mean greater price increases.

Look at the reason why Microsoft and Apple's shares tanked last night. Price increases for their products due to higher costs of chips. 

Wouldn't this also mean that producers of chips and those in the forefront of AI be gaining correspondingly?

Apple Crashes 6% as Memory Cost Surge: Micron's Gain, Apple's Pain?
Apple tumbled 6.12% after the company raised iPad and MacBook prices, citing soaring chip and memory costs driven by the AI boom. This is the flip side of the memory super-cycle: the same tailwind lifting Micron and SanDisk is turning toxic for downstream hardware makers, forcing cost pass-throughs, threatening demand, and squeezing gross margins — making 'Micron's gain is Apple's pain' today's most fitting market narrative. With upstream memory consuming supply-chain profits, is AAPL an oversold defensive play or just the beginning of margin pressure — would you buy this dip?
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