Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share.

Patrick Moorhead says a joint venture between Intel and TSMC is possible. He explains what both companies may get out of it.

Marvell Technology (MRVL) closed the most recent trading day at $103.50, moving -1.82% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 1.04%.