Nasdaq-100 pops over 2% as Marvell's +13% surge leads the tech rebound
U.S. technology shares staged a strong rebound, with the Nasdaq-100 rising 2.5% and the Nasdaq Composite up 1.8% after last week’s sharp selloff. The move was led by a 13% surge in Marvell, helping stabilize broader sentiment across AI and chip stocks. The article frames the rally as a relief bounce in the tech-heavy market rather than a shift in fundamentals, but it signals renewed risk appetite after recent weakness. The Nasdaq-100’s strength also lifted related ETF proxy QQQ, and several semiconductor names were highlighted in the broader market context as part of the tech recovery.