Tag:

Marvell Technology

Marvell shares surge after winning S&P 500 spot

08 Jun 2026-16:12
Marvell to join S&P 500 after massive AI-fueled rally

Marvell Technology is officially joining the benchmark S&P 500 index later this month, capping off an extraordinary rally fueled by the artificial intelligence boom. S&P Dow Jones Indices announced that the chipmaker will replace swimming pool equipment distributor PoolCorp before trading opens on June 22. Following the announcement, Marvell shares surged nearly 6% in extended trading.

07 Jun 2026-08:27
Nvidia boss calls Marvell the next trillion-dollar company

Marvell Technology shares exploded more than 24% in premarket trading on Tuesday after Nvidia CEO Jensen Huang gave the company the ultimate tech industry endorsement, crowning it the world’s next "trillion-dollar company".

02 Jun 2026-15:00
Marvell shares surge on $3.25B Celestial AI deal

Chipmaker Marvell Technology (MRVL) announced Tuesday that it will acquire semiconductor startup Celestial AI in a $3.25 billion deal, while also issuing a bullish forecast for its next fiscal year.

03 Dec 2025-13:48
Marvell shares plunge as data center outlook raises AI chip concerns

Marvell Technology shares fell 15% in premarket trading on Friday after the chipmaker’s outlook for data center demand disappointed investors, fueling concerns over uneven sales of its custom AI chips to major cloud providers.

29 Aug 2025-14:55