Marvell Technology joins the S&P 500 on June 22 after meeting GAAP profitability requirements, driven by AI chip demand. Shares rose nearly 6% on the news.

Marvell Technology nears S&P 500 inclusion after its stock tripled in 2026, boosted by a Jensen Huang endorsement and surging AI chip demand.

Marvell Technology Inc. (MRVL) stock edges lower on Friday as investors engage in profit-taking following a massive monthly rally fueled by AI infrastructure demand and massive…