Marvell Technology Stock Jumps as AMD Reveals $10M Stake

Tiger Newspress

05/13

Marvell Technology shares jumped 8.8% in morning trading after chip giant Advanced Micro Devices (AMD) disclosed a stake in the company.

A 13F filing released Tuesday showed AMD owned 65,516 shares of Marvell valued at roughly $6.5M at the end of March. Based on Marvell’s latest closing price, the stake is now worth about $10.7M.

The filing also revealed AMD retained positions in Sanmina, with 1.15M shares, and ABSCI, where it held 5.71M shares. In addition, AMD disclosed a new position in Xanadu Quantum Technologies valued at approximately $1.5M.

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Based on Marvell’s latest closing price, the stake is now worth about $10.7M.</p><p>The filing also revealed AMD retained positions in Sanmina, with 1.15M shares, and ABSCI, where it held 5.71M shares. In addition, AMD disclosed a new position in Xanadu Quantum Technologies valued at approximately $1.5M.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MVLL","symbol_name":"2倍做多MRVL ETF-GraniteShares","start_time":0,"source_url":"","article_id":"1116538432","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1116538432","pubTimestamp":1778680864,"columns":[{"name":"股东增减持","id":28,"label_key":"insiderTrades"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"$Marvell Technology(MRVL)$ shares jumped 8.8% in morning trading after chip giant Advanced Micro Devices (AMD) disclosed a stake in the company.A 13F filing released Tuesday showed AMD owned 65,516...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MVLL":"2倍做多MRVL ETF-GraniteShares","AMD":"美国超微公司","AMDY":"AMD期权收益策略ETF-YieldMax","AMDL":"2倍做多AMD ETF-GraniteShares","AMDU":"Defiance Leveraged Long + Income AMD ETF","AMDD":"1倍做空AMD ETF-Direxion","AMYY":"GraniteShares YieldBOOST AMD ETF","MRVL":"迈威尔科技","AMDW":"Roundhill AMD WeeklyPay ETF","DAMD":"2倍做空AMD ETF-Defiance","AMUU":"2倍做多AMD ETF-Direxion","AMDG":"2倍做多AMD ETF- Leverage Shares","MRVU":"Direxion Daily MRVL Bull 2X ETF"},"translate_title":"AMD披露1000万美元股份，Marvell Technology股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/45425c759ad80825dde4c2429008a515","symbols_score_info":{"AMDD":0.6,"AMD":0.6,"AMDU":0.6,"AMDL":0.6,"AMDG":0.6,"AMUU":0.6,"AMYY":0.6,"DAMD":0.6,"MRVU":0.6,"AMDY":0.6,"MRVL":2,"MVLL":0.6,"AMDW":0.6},"content_text":"Marvell Technology shares jumped 8.8% in morning trading after chip giant Advanced Micro Devices (AMD) disclosed a stake in the company.A 13F filing released Tuesday showed AMD owned 65,516 shares of Marvell valued at roughly $6.5M at the end of March. 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