Marvell Technology Inc. and Flex Ltd. will join the S&P 500 in the latest quarterly rebalance, S&P Dow Jones Indices said Friday.
Marvell Technology Group Ltd. headquarters in Santa Clara, California, US, on Friday, Sept. 6, 2024. Intel is reportedly planning to sell Altera, its programmable chip unit, as a result of the company's mounting financial struggles, with Marvell Technology seen as a likely buyer, according to media reports.