Marvell Technology Group is trading at $237.90, 3.01% down in pre-market, as available reporting points to broader pressure on chip and technology stocks after hotter-than-expected U.S. inflation revived expectations of further Federal Reserve tightening.

  • No company-specific announcement explaining the move was identified.
  • The October 15 selloff extended across Asian markets, with chipmakers among the hardest hit; Nasdaq futures also fell.
  • Marvell’s prior session closed at $245.28, down 8.72%; no trading-volume figure was provided.