The AI-chip trend remains strong, but Friday’s selloff shows high volatility and profit-taking. Nvidia remains the strongest fundamental story, while Micron benefits from tight AI-memory demand. Marvell faces the most near-term pressure after its earnings reaction.
$NVDA : 🟢 Long-term bullish. Q2 revenue reached $96.2B (+106% YoY) and Q3 guidance is $108B, keeping AI demand firmly in focus. Near-term support is around the recent $217 area.
$MU : 🟢 Bullish but volatile. Closed at $932.86, with memory demand benefiting from AI infrastructure. Recent pullback creates a key support zone around $900–910.
$MRVL : 🟡 Caution. Closed around $216.62, down 10.28%, despite raising forecasts. The market is questioning how quickly its Google/custom-AI-chip deals translate into revenue.
🔥 Overall: NVDA = strongest setup | MU = bullish momentum | MRVL = high-risk rebound candidate.
*Not financial advice.*
