Marvell set to join S&P 500 after AI rally helps chipmaker clear profitability hurdle
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Article Excerpt
Marvell set to join S&P 500 after AI rally helps chipmaker clear profitability hurdle
REUTERS
PUBLISHED JUNE 5, 2026
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Marvell CEO Matt Murphy delivers a speech during the COMPUTEX exhibition in Taipei, Taiwan, on Tuesday.
CHENG CHIA HUANG/GETTY IMAGES
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Marvell Technology MRVL-Q is set to join the benchmark S&P 500 index, S&P Dow Jones Indices said on Friday, sending the chipmaker’s shares up 6 per cent in extended trading.
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