Hour Loop: 15-Minute KDJ Death Cross and Bearish Marubozu Alert

According to the 15-minute chart of Hour Loop, a KDJ Death Cross and Bearish Marubozu were triggered at 09:00 on September 24, 2025. This suggests a shift in momentum towards a downtrend, with a potential for further decreases in the stock price. Sellers are currently in control of the market, and it is likely that bearish momentum will continue.

Marvell Technology Inc. (MRVL) has announced a significant move to boost its stock price, amidst market volatility and concerns about its positioning in the artificial intelligence (AI) chip market. The semiconductor company has initiated a $1 billion accelerated share-repurchase program, reflecting its belief in the company's long-term growth prospects.

Chief Executive Matt Murphy stated in a press release that the buyback program "reflects our conviction in the business and the intrinsic value of our stock, as we drive sustained revenue and cash flow growth." Marvell's strong balance sheet, according to Murphy, provides the company with flexibility to continue investing in long-term growth, particularly in the expanding AI infrastructure market.

Marvell's stock has been under pressure this year, falling by 30% to rank among the worst performers in the chip sector. However, the company has seen a rebound in recent days, with shares up 5% in morning trading on September 12, 2025. This turnaround comes after a series of strategic moves, including a broader $5 billion stock-buyback program and a focus on custom AI chips.

The move to buy back shares is part of Marvell's broader strategy to boost its stock price and signal confidence in its future prospects. However, the company faces competition from other players in the AI chip market, including Nvidia Corp. (NVDA) and Advanced Micro Devices Inc. (AMD), as well as rival Broadcom Inc. (AVGO).

Murphy is scheduled to participate in a fireside chat with J.P. Morgan later on September 12, 2025, providing investors with an opportunity to gain further insights into Marvell's growth plans and market positioning.