Technology

Marvell Technology (NASDAQ: MRVL) shares surged 3.2%, outperforming the broader tech sector as semiconductor stocks staged a broad bounce following last week's steep sell-off.

Marvell Technology (NASDAQ: MRVL) has raised its FY2027 revenue guidance from $9.4 billion to $16.5 billion over the past year, according to the disclosed information, underscoring the fundamental growth story behind the stock's recent rebound.

Marathon Digital Holdings (NASDAQ: MARA) is surging over 7%, rebounding sharply after last week's steep selloff triggered by a Morgan Stanley price target cut to $5.50 from $7, with the firm maintaining an Underweight rating.

IREN Limited (NASDAQ: IREN) shares surged approximately 17% after the company raised its year-end 2026 AI Cloud annualized run-rate revenue target from $3.7 billion to over $4 billion.

IREN Limited (NASDAQ: IREN) disclosed that it has scaled its AI Cloud capacity from 3MW to 480MW in just 12 months, as part of the same update in which the company raised its revenue targets and disclosed new contracts.

CoreWeave (NASDAQ: CRWV) shares surged over 6% as investors returned to AI infrastructure names following last week's sharp tech sector sell-off, with the stock rebounding off its 52-week low near $63.80.

Cipher Mining (NASDAQ: CIFR) surged over 12% as investors continued to reprice the company's AI data center transition narrative, sharply outperforming both the broader market and the tech sector ETF (XLK).