🔴 Everspin Technologies is trading 5% down today after Marvell Technology's disappointing AI-chip revenue timeline

Everspin Technologies is trading 5% down at $16.58 after semiconductor stocks weakened on August 28, 2026.

• Marvell Technology’s disappointing AI-chip revenue timeline pushed its shares sharply lower and pressured the broader chip group.
• SOXX fell 2.64% during regular trading.
• No new company-specific announcement was identified for Everspin on August 28; recent earnings and Nvidia-related optimism were insufficient to offset sector profit-taking.