Marvell Technology & Micron Technology

Marvell Technology: Marvell Technology dropped significantly after erasing early gains, reflecting investor concerns about AI stock valuations and its recent volatile performance.

Micron Technology: Micron Technology experienced wild swings, including significant drops, due to worries about its valuation and the broader AI stock sell-off, despite strong year-to-date gains.

Marvell Technology: Marvell Technology's shares hit a record high after Nvidia CEO Jensen Huang called it the next 'trillion-dollar company'.

Micron Technology: Micron Technology's stock surged due to unprecedented demand for its high-bandwidth memory (HBM) chips, driven by the AI revolution. The company's revenue and profit forecasts exceeded expectations, leading to a significant increase in market capitalization and customer commitments for future supply.