The chips makers are located despite estimates of estimates

More than two years after the Ontician AI boom, Wall Street has increasingly raised a chip maker.

When it comes to profit reports – the last of which is from Marvell Technology – Good not good enough. This is because investors who have previously flowed into companies that manufacture infrastructure and devices at the heart of the economy of artificial intelligence, as they provided stocks to the historically high levels.

They are demanding the results.

Marvell Shares Decline 20 % on Thursday, its most severe decline since 2001, after the guidance decreased from some high estimates. The company’s revenue expectations, in addition to its results for the last quarter, were all over the appreciation of the medium analysts, according to LSEG, but Wall Street wanted more after the stock rose by 83 % in 2024.

“While Marvell reported a small rhythm and raised, the evidence was less than the purchase expectations,” analysts in Cantor wrote in a report after the results.

Nafidia He suffered a similar fate in late February, when his shares decreased 8.5 % the day after the leader in artificial intelligence treatments Profits And the revenues that sailed previous estimates. shares Advanced small devices More than 6 % decreased Earlier in February after overcoming expectations. Amd was the king of Amd as king in the database.

The visual resource Doctrine technique 14 % fell after Wednesday and 10 % during Thursday’s session, despite the growth of three -numbers and optimistic guidance.

the VANECK Semiconductor ETF Nearly 6 % decreased this week after a decrease of 7 % last week. ETF, whose leading components are NVIDIA, Taiwan semiconductor manufacturer and Broadcom72 % increased in 2023 and about 39 % last year.

The challenge in Wall Street in favor of the chips makers confirms the pressure they are subject to with the extension of the construction of artificial intelligence to its fourth calendar year. A tariff from the Trump administration The chip -export controls added to investor concerns.

However, not all companies in space get the same treatment. Broadcom Shares lost 6% During the Thursday session in the period leading up to the quarter resultsIncluding strong infrastructure and semiconductor revenues.