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What Happened? Shares of networking chips designer Marvell Technology NASDAQ:MRVL jumped 4.7% in the afternoon session after Citi reiterated a Buy rating and a $275 price target on the company ahead of its October 6 Investor Day.According to StreetInsider, Citi analyst Atif Malik highlighted artifi…
Marvell Technology Inc (NASDAQ: MRVL ) shares are climbing Tuesday afternoon as chip stocks catch a risk-on bid. The sector may be experiencing a lift in response to Susquehanna raising its forecast for wafer fab equipment spending. Here is a closer look at the key catalysts shaping Tuesday’s broader market action. Mar