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Marvell Soars the Most Since 2000 After $1 Trillion Stock Call

2 June 2026 at 10:41
Marvell Technology Inc. shares surged the most in 26 years after Nvidia Corp.โ€™s Jensen Huang predicted that the semiconductor and networking company would be the next business to hit a $1 trillion valuation.

Jensen Huang, left, and Marvell Technology CEO Matt Murphy in Taipei, on June 2.

Marvell Technology, Flex to Join S&P 500 Later This Month

5 June 2026 at 21:39
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.
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