Story perspectives
Marvell Joins S&P 500, Shares Rise 6%, Nvidia Praises
6/6/2026
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Story summary
- Marvell Technology will join the S&P 500 on June 22, replacing PoolCorp.
- Marvell’s shares rose nearly 6% in extended trading after the announcement.
- Marvell reported a GAAP profit in its December quarter and over the last four quarters, clearing a profitability hurdle.
- Nvidia CEO Jensen Huang called Marvell the “next trillion-dollar company” after Nvidia invested $2 billion.
