Marvell Technology rose 8.8% in premarket trading after S&P Global announced the AI chipmaker will join the S&P 500 index on June 22. The company, up 210% year-to-date with a $230 billion market cap, designs high-performance chips for cloud computing, AI, and 5G networks.
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Nvidia AI Boom Fuels Marvell and Broadcom ASIC Opportunity
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