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A $10,000 position in the SPDR S&P Semiconductor ETF (NYSEARCA:XSD) at the close on Thursday was worth roughly $8,873 by Friday’s close, and the people who got there did not own a single share of the stock that supposedly caused it. XSD fell 11.27% on June 5, 2026, dropping from $644.32 to $571.68, its worst ... After 11% Wipeout, XSD Investors Must Hate Broadcom

Stock Market Today: The Dow Jones index rose Monday on Trump's latest Iran comments. Marvell stock surged on news that it'll join the S&P 500..

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 14 AI Stocks Making Headlines on Wall Street: Qualcomm, Microsoft, and More. Marvell’s infrastructure story is gaining fresh support on Wall Street. On June 2, Stifel analyst Tore Svanberg raised the price target on Marvell (NASDAQ: MRVL) to $321.00 (from $230.00) while maintaining a Buy rating. Stifel […]

Chipmaker joins the index June 22 after clearing a GAAP profitability hurdle

News of the day for June 8, 2026

Marvell shares jumped 9% in premarket on news of plans to include the chipmaker in the S&P 500 index.

US technology stocks have been tipped to lead a Wall Street rebound on Monday, reversing some of the sharp sell-off from the end of last week that brought the S&P 500's nine-week winning streak to an abrupt end. New York equity futures pointed higher ahead of the opening bell at the start...

Marvell Technology shares climbed more than 7% in premarket trading on Monday after the chipmaker was set to join the ‌benchmark S&P 500 at the end of June, in the latest ‌boost to a stock that has surged recently. Its shares have gained about 59% since May 27 after ​the company forecast its custom-chip business would surpass $10 billion in revenue in fiscal 2029 and Nvidia CEO Jensen Huang called Marvell the next "trillion-dollar company." The stock dropped 16.7% in regular trading on Friday amid a broader selloff that wiped out $1.3 trillion in ‌market value for the chip ⁠sector.

The AI chipmaker will join the benchmark index on June 22 as part of a quarterly rebalance, alongside electronics manufacturer Flex

Investors pivoted away from skyrocketing tech stock as the Nasdaq fell more than 4% in a single session on Friday. Today I’m breaking down why I think the market’s meteoric rise is still rational, and how the software sector proves that investors are grounded in reality. The question came one day after Marvell Technology stock added 33% in its best single trading session ever, boosted by public comments from Nvidia CEO Jensen Huang that the company would someday be worth $1 trillion.

The chips and networking company’s shares are already up 210% for the year, powered higher by the AI boom.

Shares of several artificial intelligence-related companies moved higher in premarket trading on Monday after U. S.

Exciting developments are taking place for the stocks in this article. They’ve all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns.

↗️ Marvell Technology (MRVL): Shares jumped premarket after S&P Dow Jones Indices said Friday that the chip maker will join the S&P 500 later this month. Flex (FLEX), an electronics manufacturing firm, will also join.

U.S. tech stocks are likely to continue surging despite Friday's sharp selloff, UBS Global Wealth Management's Mark Haefele wrote. "Despite renewed anxiety over rates, equity issuance, and geopolitics, we expect the rally to resume," Haefele said.

U.S. stock markets closed sharply lower on Friday following large-scale profit-taking on AI-powered semiconductor stocks.

Retail sentiment remained constructive. Stocktwits data showed traders continued to maintain a ‘bullish’ stance on SPY and ‘neutral’ on QQQ.

Investing.com -- U.S. President Donald Trump said Friday his team is exploring the idea of AI companies giving the American public a stake in their firms, and that he plans to host a meeting with AI executives as soon as next week.

The Morning Bull - US Market Morning Update Monday, Jun, 8 2026 US stock futures are pointing lower this morning, with E mini S&P 500 contracts down about 2.6% and Nasdaq 100 futures off nearly 4.8%, as investors react to strong US jobs data and rising bond yields. May nonfarm payrolls added 172,000 jobs and average hourly earnings rose 0.3% in the month, which signals a job market that is still creating work and pay packets that continue to grow. At the same time, the 2 year US Treasury...

Broadcom and Marvell are both key AI infrastructure chipmakers in the market, but Broadcom operates on a much larger scale.

Both of these chip designers sit at the center of the custom AI build-out, and both took a hit last week. But one looks like the better buy at today's prices.

Three trading days earlier, Marvell Technology (MRVL) had the market in awe. Nvidia chief executive Jensen Huang had stood on a stage in Taipei and called the chip designer “the next trillion-dollar company.” Traders responded by handing the stock its biggest one-day gain ever. By Thursday’s close, ...

Is Marvell set to be the next trillion-dollar company?

Markets face a pivotal week marked by a significant structural shift away from richly valued AI and technology stocks toward lagging sectors, evident in Friday's steep Nasdaq and S&P 500 plunges that signal investor rotation and risk reassessment.

In early June 2026, Marvell Technology launched the Teralynx T100, a 102.4 Tbps AI-optimized switch built on 3nm technology, while also securing upcoming inclusion in the S&P 500 after meeting the index’s cumulative profitability requirements. These milestones coincide with Marvell’s deepening AI data center role, highlighted by a multi-billion-dollar Nvidia investment and closer collaboration on custom chips and high-speed interconnects. We’ll now examine how Marvell’s AI-focused Teralynx...

Lumentum is benefitting after Nvidia's CEO complimented Marvell in the networking space.

And the stock jumped again in June with an endorsement from Jensen Huang.

This stock has skyrocketed since Huang's comments, but the artificial intelligence (AI) leader says it could have much further to climb.

The company that maintains the S&P 500 index on Friday tapped Marvell Technology and Flex as the next two companies to join the benchmark index.

NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Big Company Stocks to Buy Right Now. On May 29, CNBC reported that, over the past 3 months, the company committed a minimum of $6.5 billion towards companies that develop photonics technology. NVIDIA Corporation (NASDAQ:NVDA) is focused on accelerating investments that can help solve one of the critical bottlenecks […]