{"id":1012659,"date":"2026-06-06T08:50:48","date_gmt":"2026-06-06T03:20:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1012659"},"modified":"2026-06-06T09:00:06","modified_gmt":"2026-06-06T03:30:06","slug":"marvell-to-join-sp-500-after-ai-boom-helps-chipmaker-pass-profitability-test","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/06\/marvell-to-join-sp-500-after-ai-boom-helps-chipmaker-pass-profitability-test\/","title":{"rendered":"Marvell to join S&amp;P 500 after AI boom helps chipmaker pass profitability test"},"content":{"rendered":"<p>Marvell Technology is set to join the benchmark S&amp;P 500 later this month, S&amp;P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally. <\/p>\n<p>The company will replace swimming pool equipment distributor PoolCorp on the benchmark index before the start of trading on \u200cJune 22. Marvell \u2060shares \u2060jumped nearly 6% in extended trading. <\/p>\n<p>The inclusion comes after the company reported a GAAP \u200bprofit in the three months through December and over the sum of its \u200bmost recent four quarters, overcoming a key barrier that had previously kept it out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marvell Technology is set to join the benchmark S&amp;P 500 later this month, S&amp;P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally. The company will replace swimming pool equipment distributor PoolCorp on the benchmark index before the start of trading on \u200cJune 22. Marvell \u2060shares \u2060jumped nearly 6% in extended trading. The inclusion comes after the company reported a GAAP \u200bprofit in the three months through December and over the sum of its \u200bmost recent four quarters, overcoming a key barrier that had previously kept it out.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1012659","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1012659"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012659\/revisions"}],"predecessor-version":[{"id":1012679,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012659\/revisions\/1012679"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1012659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1012659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1012659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}