Marvell leads chip wreck unseen since the pandemic

Marvell Technology's stock drops sharply after surging 30% in three days amid market hype. The crash follows a surge fueled by Nvidia CEO Jensen Huang's praise of Marvell as a potential trillion-dollar company. By Friday, Marvell was the worst-performing large-cap chip stock. The drop reflects market correction after rapid gains based on sentiment rather than earnings.