Scoopfeeds — Intelligent news, curated.
Marvell to Join the S&P 500 as Stock Continues Absolute Heater
business

Marvell to Join the S&P 500 as Stock Continues Absolute Heater

Yahoo Finance · Jun 8, 2026, 4:27 PM

Key takeaways

  • Tell us how you invest and we ll show you why it s our #1 pick.
  • Marvell Technology got a Monday morning bonus on top of an already absurd few weeks: the AI chipmaker is joining the S&P 500 on June 22, sending shares up another 10.4% at the open.
  • The S&P inclusion is almost a footnote given everything else happening around Marvell right now.

Marvell to Join the S&P 500 as Stock Continues Absolute Heater Thornton Mc Enery Mon, June 8, 2026 at 11:27 PM GMT+7 1 min read NVDA MRVL ^GSPC Marvell to Join the S&P 500 as Stock Continues Absolute Heater - Moby BREAKING NEWS Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we ll show you why it s our #1 pick. Tap here.

Marvell Technology got a Monday morning bonus on top of an already absurd few weeks: the AI chipmaker is joining the S&P 500 on June 22, sending shares up another 10.4% at the open. The stock is now up 210% year-to-date, which is the kind of number that makes portfolio managers quietly update their resumes.

The S&P inclusion is almost a footnote given everything else happening around Marvell right now. Jensen Huang s "next trillion-dollar company" call at Computex sent shares surging 32.5% in a single day, its biggest one-day gain ever, and Nvidia s $2 billion investment announced March 31 cemented the partnership as one of the more consequential alignments in the AI infrastructure buildout. Marvell s first-quarter numbers backed the hype: $2.4 billion in revenue, beat on estimates, and guidance pointing higher on the strength of its data center business.

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop