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Lam Research, Lattice Semiconductor, Amkor, Entegris and MACOM shares fell in the morning session. The move followed September wholesale inflation data that compounded concerns elevated borrowing costs could curb AI infrastructure spending.
Marvell Technology, Inc. (NASDAQ: MRVL ) stock is trading lower Thursday in premarket trading as rising Treasury yields and oil prices weigh on technology stocks. Nasdaq futures fell 0.52%, while S&P 500 futures declined 0.38%, signaling a weaker start for Wall Street. According to Trading Economics, the 10-year U.S. T