🟢 MARVELL TECHNOLOGY INC CEDEAR E is trading 8.7% up today on S&P 500 inclusion and strong AI-chip demand

MARVELL TECHNOLOGY INC CEDEAR E is trading 8.7% up today at $21.65, extending a strong rally after its U.S.-listed parent company was tapped for inclusion in the S&P 500.

• S&P Dow Jones Indices announced that Marvell Technology will join the S&P 500 on June 22, 2026, replacing PoolCorp.
• The stock's upward momentum is further supported by robust demand for AI-related chips and recently improved earnings results and forward-looking guidance.