Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTDavid Marino-NachisonSat, June 6, 2026 at 9:09 PM GMT+2 2 min readMarvell Technology is set to join the S&P 500.Credit: Getty ImagesKey TakeawaysIt might be a while before Marvell Technology becomes as valuable as Jensen Huang foresees. But some news late Friday gives it another boost.Marvell (MRVL), which designs AI chips, got a nod early this week from Nvidia (NVDA) CEO Huang, who said it was likely to join the ranks of companies with $1 trillion market valuations. (Nvidia, to be sure, owns a chunk of Marvell, so a rising tide would lift both boats.) That statement sent Marvell's shares flying, though they later got caught up in a broad tech rout; the company ended the week with a market value of about $230 billion.And on Friday, S&P Dow Jones Indices said Marvell, along with Flex (FLEX), a contract electronics manufacturer, would join the S&P 500 before trading opens on Monday, June 22, part of a periodic rebalancing. Marvell and Flex will replace consumer-focused companies Pool (POOL) and Campbell's (CPB), which will both join the S&P's SmallCap 600 index.Shares of Marvell, which dropped nearly 17% on Friday, have risen more than 300% this year. Flex, which ended the week's final session down nearly 5%, is up about 250% in 2026. Joining the S&P 500 or other major indexes generally lifts a stock, since funds that track them must buy the shares once a company is added.Attention has been focused recently on S&P Dow Jones Indices and its decisions about which companies do and don't qualify for inclusion in its indexes, which underpin many widely held funds. The organization said this week that while it considered updating the rules for inclusion in the S&P 500, which might have sped the addition of SpaceX and other big IPOs expected this year, it would not.Read the original article on InvestopediaTerms and Privacy PolicyPrivacy & Cookie SettingsMore Info