semiconductor / news / / Benzinga
The stock rose 8.85% to $286.80 before the opening bell.
Marvell's stock soared 8.85% premarket after news of its S&P 500 index inclusion.
KEY POINTS
- NVIDIA CEO Jensen Huang called Marvell a 'next trillion-dollar company' at Computex.
- Marvell trades 37% above its 20-day and 177% above its 200-day moving averages.
- Marvell's next major earnings report is set for August 27, 2026, with higher expectations year-over-year.
- Significant ETF inflows or outflows could drive large Marvell share movements due to its heavy weighting.
COMPANIES
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