Marvell Technology, Vishay Intertechnology, and Allegro MicroSystems Stocks Trade Down, What You Need To Know
Shares of Marvell Technology, Vishay Intertechnology, and Allegro MicroSystems fell in afternoon trading due to profit-taking in the semiconductor sector and escalating Middle East tensions. A lowered Q2 earnings forecast for SK Hynix, driven by its reliance on fixed-price HBM contracts, also contributed to the selloff across memory stocks. This triggered a reassessment of the sector, which was already facing questions about the durability of AI capital spending.


















