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Is Marvell Technology about to join its larger rivals in the S&P 500?
The chip company is newly eligible for addition, having just met the requirement for cumulative GAAP profitability across its last four quarters, as well as in its most recent quarter. This “financial viability” threshold was the last thing holding Marvell
MRVL back from being a candidate for index entry, according to Stephens analyst Melissa Roberts.