Marvell Ships 5M Photonic Chips and Joins S&P 500 on June 22
MRVL•Marvell shipped over 5 million coherent photonic integrated circuits with Tower Semiconductor to global data center customers and will join the S&P 500 on June 22, 2026, replacing Pool Corp. It forecasts booming AI chip sales and has been hailed as a 'next trillion-dollar company' by Nvidia CEO Jensen Huang.
1. Photonic Chip Shipments Milestone
Marvell Technologies announced it has shipped over 5 million coherent photonic integrated circuits in collaboration with Tower Semiconductor to customers globally. These chips use light-based transmission to deliver higher-speed networking for data centers, helping hyperscalers overcome supply constraints and power next-generation AI workloads.
2. S&P 500 Index Addition
Marvell will join the S&P 500 on June 22, 2026, replacing Pool Corporation as part of the quarterly rebalance. Inclusion in the benchmark index is expected to drive passive inflows from index funds and boost visibility among institutional investors.
3. AI Chip Sales Forecast and Industry Recognition
The company forecasts booming sales for its AI-related chip portfolio, driven by demand for custom silicon in data centers. Nvidia CEO Jensen Huang has lauded Marvell as the 'next trillion-dollar company,' highlighting confidence in its long-term growth potential.
