Marvell Eyes $1 Trillion Path as S&P 500 Entry Nears
Latest coverage on June 14 centers on Marvell Technology's AI-driven upside after its upcoming S&P 500 addition. S&P Global announced on June 9 that Marvell and Flex will join the index on June 22, replacing Pool Corp and Campbell Soup. Marvell, currently valued near $200 billion, is highlighted for data-center connectivity and custom AI chips, with Nvidia CEO Jensen Huang flagging a potential $1 trillion valuation. Flex is noted for $28 billion in prior revenue and expected 18% revenue growth. Earlier reports from June 8 flagged other candidates like Reddit while stressing profitability rules.