On August 3, Marvell Technology fell 3.07% in pre-market trading, trading at $181.89/share, with turnover of approximately $41.60 million.

The decline came as the global semiconductor sector continued to face intense selling pressure. Korean markets saw renewed turmoil with KOSPI falling over 5% and triggering circuit breakers, while Samsung Electronics and SK Hynix each dropped more than 8%. The extreme volatility reflects ongoing leverage unwinding in Korean markets, with the deleveraging process spilling over into broader chip sentiment worldwide.

Within the semiconductor sector, major peers declined broadly: Micron Technology fell 4.65%, Intel dropped 2.66%, Advanced Micro Devices slid 2.51%, Broadcom declined 1.06%, and NVIDIA lost 0.99%. The Philadelphia Semiconductor Index had already fallen over 25% from its June highs in recent weeks amid concerns over AI capital expenditure sustainability and crowded momentum trades unwinding.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)