Knightly Honor for Marvell Technology! The Ascension to the S&P 500 is Successful!
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Marvell Technology replaces the soup manufacturer Campbell's in the S&P 500 effective June 22, 2026 CEO Jensen Huang forecasts a long-term potential of 1 trillion USD Forward P/E ratio of 50x reflects high growth expectations in the AI infrastructure sector The boom in AI infrastructure fundamentally shifts the weights in global equity markets. As S&P Dow Jones Indices announced last Friday evening, semiconductor specialist Marvell Technology (MRVL) will be added to the US benchmark index S&P 500 effective June 22, 2026. The...
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