Marvell Technology, a chipmaker involved in AI infrastructure, and Flex, an electronics contract manufacturer, will join the S&P 500 index on June 22. They replace Pool Corp and The Campbell's Company. Marvell's stock rose 5% after Nvidia's CEO praised its potential and Nvidia's $2 billion investment. Flex, serving clients like Apple and Nvidia, also saw a 4% stock increase. This addition highlights the growing influence of tech companies in the stock market.
The global silicon interposer market, valued at $4 billion in 2025, is projected to grow to $14.04 billion by 2035 with a CAGR of 13.38%. Growth is fueled by rising adoption of AI, chiplet architectures, and advanced semiconductor packaging technolog...
Marvell has secured a $2 billion investment from Nvidia, reinforcing its position in AI chip technology and integrating its custom accelerators into Nvidia's NVLink ecosystem. The company is focusing on high-growth AI markets by divesting non-core au...
