Marvell Hits Record High on AI Switch and Trainium Buzz
Marvell jumped 7% to a record $310 as a new 102.4 Tbps Teralynx switch, an Adobe-veteran CFO hire, and Amazon Trainium spillover stoked the rally.
marvell technology
Marvell Joins S&P 500 June 22 — Up 230% YTD on AI Chip Demand
Marvell Technology joins the S&P 500 on June 22, 2026, replacing Pool Corp. The AI chip designer is up 230% YTD with a $246B market cap.
Marvell’s $177B AI Bet: Q1 Beat, 102.4 Tbps Switch, NVLink
Marvell is up 138% YTD on a Q1 FY27 beat, the industry’s first 102.4 Tbps AI switch, and a widening Nvidia NVLink Fusion partnership.