Saturday, 6 June, 2026
From Hurdles to Blue Chips: Marvell Rides AI Boom into S&P 500
By TechShots Studio
Fueled by a massive AI-driven rally, chipmaker Marvell Technology is set to join the benchmark S&P 500 index on June 22, replacing PoolCorp. Marvell cleared a key entry barrier by finally achieving GAAP profitability over its cumulative past four quarters. The company's custom AI chips and networking solutions have seen skyrocketing demand as hyperscale cloud providers rush to build data infrastructure and reduce reliance on expensive GPUs.
Read full story at REUTERS