Marvell Technology Group will join the S&P 500 index effective June 22, 2026. The chipmaker has gained significant momentum as a primary supplier for artificial intelligence data centers.
Nvidia CEO Jensen Huang recently labeled Marvell a potential trillion-dollar company at the Computex conference. Nvidia strengthened this strategic partnership with a $2 billion investment in the firm.
Marvell provides critical technology for data centers seeking alternatives to Nvidia processors. The S&P 500 inclusion will drive increased stock demand from index-tracking investment funds.