Marvell Technology and Flex to Join S&P 500, Replacing Pool Corp and Campbell's
Marvell Technology, an AI chipmaker, and Flex, an electronics manufacturer, will join the S&P 500 index on June 22, 2026, replacing Pool Corp and Campbell's. The move highlights the tech sector's growing dominance in the stock market. Marvell's stock rose 5% after Nvidia CEO Jensen Huang called it a potential "next trillion-dollar company" and revealed a $2 billion Nvidia investment. Flex shares gained 4%. Both companies have seen significant stock gains in 2026.
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S&P 500 Adds Marvell Technology to AI Semiconductor Stocks for Index Investors
The S&P 500 index has added Marvell Technology (NASDAQ: MRVL), an AI semiconductor company, to its roster. The stock initially surged on the news but later fell over 7% in early trading. Marvell makes custom AI chips and critical infrastructure like Ethernet switches and photonics that enable GPU clusters to communicate. The addition is significant because index funds and ETFs tracking the S&P 500 must buy included stocks. The article explains S&P 500 inclusion requirements: U.S. based, minimum $22.7 billion market cap, sufficient liquidity, at least one year public trading, and positive net income over four quarters. Marvell has performed strongly this year due to its multiple roles in the AI supply chain, competing with general-purpose GPUs and enabling data center communications.
Yahoo FinanceS&P 500 Adds AI Semiconductor Stock Marvell Technology to Index
The S&P 500 index has added Marvell Technology (NASDAQ: MRVL), an AI-focused semiconductor company, to its benchmark index. The stock initially surged on the announcement but fell over 7% the following day. The article explains the significance of S&P 500 inclusion, noting that index funds and ETFs tracking the index must buy added stocks. It details the index's quarterly rebalancing process and eligibility requirements, including a minimum market cap of $22.7 billion and positive net income over four quarters. Marvell's role in AI is highlighted: it makes custom chips competing with GPUs for specific AI tasks, and produces critical infrastructure like Ethernet switches, digital signal processors, and photonics that enable GPU clusters to communicate within and between data centers. The article also includes a promotional pitch for a stock advisory service referencing Nvidia's historical performance.
Yahoo FinanceMarvell Stock Is Surging on S&P 500 Inclusion News
Marvell Technology stock surged on Monday after the company announced it will join the S&P 500 index on June 22. The news comes amid a broader rebound in the semiconductor sector following a brutal AI-driven selloff. The stock's rise is attributed not only to the chip recovery but also to the prestige and investor attention that comes with S&P 500 membership. The article, published by Barron's via Yahoo Finance on June 8, 2026, highlights Marvell's inclusion as a key catalyst for the surge, with the stock trading higher alongside other chip stocks like Broadcom and Flex.
Yahoo FinanceMarvell Stock's Whipsaw Run Continues After S&P 500 News
Marvell Technologies (MRVL) shares surged 10% in early trading on Monday, June 8, 2026, following Friday's announcement that the chip designer will join the S&P 500 later in the month. The stock has experienced extreme volatility in June, rising above $320 earlier in the week after Nvidia CEO Jensen Huang tipped Marvell as a potential future $1 trillion company, then falling to around $263 by Friday amid a broader tech selloff. Marvell's market cap has more than tripled since the start of the year, currently at less than a quarter of $1 trillion. The article notes that the AI trade is characterized by both optimism and caution, with upcoming inflation data and SpaceX's expected IPO serving as additional market tests. Oppenheimer analysts warned investors about overconcentration risks and the need for diversification. Flex (FLEX), the other company joining the S&P 500, rose 1%.
Yahoo FinanceMarvell Technology jumps almost 9% in premarket after news it will join the S&P 500 index
Marvell Technology shares surged nearly 9% in premarket trading on Monday after S&P Global announced the AI chipmaker will join the S&P 500 index on June 22. The company, which has a market cap of $230 billion, specializes in high-performance chips for data infrastructure, cloud computing, AI, and 5G networks. The stock has risen 210% year-to-date, boosted by Nvidia CEO Jensen Huang calling Marvell the 'next trillion-dollar company' at Computex Week and by Nvidia's $2 billion investment in March. Marvell also beat Q1 2026 earnings estimates with $2.4 billion in revenue, projecting further growth from data center operations. Flex will also join the S&P 500, while Pool Corp and The Campbell's Company will be removed.
US Top News and AnalysisMarvell Technology and Flex to Join S&P 500, Replacing Campbell's and Pool
Marvell Technology (MRVL) and Flex (FLEX) have been selected to join the S&P 500 index, replacing consumer-focused companies Campbell's (CPB) and Pool (POOL), effective June 22, 2026. The announcement by S&P Dow Jones Indices comes after Nvidia CEO Jensen Huang predicted Marvell could eventually reach a $1 trillion market valuation. Marvell, an AI chip designer, currently has a market cap of about $230 billion and has seen its stock rise over 300% in 2026, despite a nearly 17% drop on the day of the announcement. Flex, a contract electronics manufacturer, is up about 250% this year. Inclusion in the S&P 500 typically boosts stocks as index-tracking funds must purchase shares. The article also notes that S&P Dow Jones Indices decided not to update its inclusion rules, which could have accelerated the addition of large IPOs like SpaceX.
Yahoo FinanceMarvell Stock Added to S&P 500; Flex Joins, Pool and Campbell's Removed
Marvell Technology and Flex will be added to the S&P 500 index, replacing Pool Corporation and Campbell's Soup Company, effective before trading opens on June 22, according to S&P Dow Jones Indices. The announcement was reported by Barron's writer Andrew Bary on June 5, 2026. Marvell, a semiconductor company, and Flex, a manufacturing services firm, will join the benchmark index, while Pool (swimming pool equipment) and Campbell's (soup and snacks) will be removed. The changes reflect ongoing index rebalancing by S&P Dow Jones Indices to maintain representation of large-cap U.S. stocks.
Yahoo FinanceMarvell Technology and Flex to Join S&P 500, Replacing Pool Corp and Campbell's
Marvell Technology, a chipmaker critical to the AI infrastructure boom, and Flex, an electronics contract manufacturer, will join the S&P 500 index on June 22, replacing Pool Corp and The Campbell's Company. The announcement, made by S&P Global, highlights the growing dominance of the technology sector in the stock market. Marvell's stock rose 5% in extended trading, boosted by recent comments from Nvidia CEO Jensen Huang, who called it a potential 'next trillion-dollar company' and revealed a $2 billion investment by Nvidia. Flex, which provides manufacturing services to Apple and Nvidia, saw its shares rise 4%. The additions continue a trend of tech companies entering the benchmark, following Veeva Systems, AppLovin, Datadog, DoorDash, and Robinhood in recent years.
US Top News and AnalysisMarvell Technology and Flex to Join S&P 500, Replacing Pool Corp and Campbell's
Marvell Technology, a chipmaker critical to the AI infrastructure boom, and Flex, a contract electronics manufacturer, will join the S&P 500 index on June 22, replacing Pool Corp and The Campbell's Company. The announcement highlights the growing dominance of the technology sector in the stock market. Marvell's stock rose 5% in extended trading, boosted by Nvidia CEO Jensen Huang calling it a potential 'next trillion-dollar company' and Nvidia's $2 billion investment. Flex, which provides manufacturing services to Apple and Nvidia, rose 4%. Marvell, founded in 1995 in Santa Clara, California, initially produced parts for spinning disk drives. Flex, formerly Flextronics, is headquartered in Singapore with factories in the US and Asia. Other recent tech additions to the S&P 500 include Veeva Systems, AppLovin, Datadog, DoorDash, and Robinhood.
US Top News and AnalysisMarvell Technology and Flex to Join S&P 500, Replacing Pool Corp and Campbell's
Marvell Technology, a chipmaker producing components for AI infrastructure, and Flex, an electronics contract manufacturer, will join the S&P 500 index on June 22, replacing Pool Corp and The Campbell's Company. The announcement underscores the technology sector's increasing influence on the stock market. Marvell's stock rose 5% in extended trading, boosted by Nvidia CEO Jensen Huang's recent comment that Marvell could become the 'next trillion-dollar company' and Nvidia's $2 billion investment in the firm. Flex shares gained 4% after the news. Marvell, founded in 1995 and headquartered in Santa Clara, California, initially produced parts for spinning disk drives. Flex, formerly Flextronics, is based in Singapore with factories in the US and Asia. Other tech companies recently added to the S&P 500 include Veeva Systems, AppLovin, Datadog, DoorDash, and Robinhood.
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