Quick Read – Micron, SanDisk, and Marvell shares slid on Friday but remain up YTD, and the drop marks a synchronized crack rather than a reversal. – Intel dropped 6% in tandem while the S&P 500 fell just 1%, confirming basket-level selling concentrated where gains were largest….
Strategist Ben Emons flagged extreme parabolic breadth and warned of a mathematical chance one Parabolic 7 stock crashes by nearly 100%. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Marvell Technology wasn’t one of them. Get them here FREE
Shares of three of the most explosive semiconductor names of 2026 are sliding hard in Friday morning trading. Micron Technology (NASDAQ:MU) stock is down 5% to $942, SanDisk (NASDAQ:SNDK) stock is off 5% to $1,664, and Marvell Technology (NASDAQ:MRVL) shares are lower by 6% to $298. The moves landed shortly after the open and have held into late morning.
The selling looks like a coordinated unwind of the so-called “Parabolic 7,” a basket coined by strategist Ben Emons of Highline Asset Management and amplified by Bloomberg’s Joe Weisenthal. The group includes SanDisk, Marvell, Micron, Intel (NASDAQ:INTC), Dell Technologies (NYSE:DELL), Advanced Micro Devices (NASDAQ:AMD), and Broadcom (NASDAQ:AVGO), and it has vastly outperformed both the Magnificent 7 and the SOX semiconductor index since mid-2025. The context matters here.