Tag: pass profitability
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Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test
June 5 : Marvell Technology is set to join the benchmark S&P 500 index, S&P Dow Jones Indices said on Friday, sending the chipmaker’s shares up 6 per cent in extended trading.The company will join the benchmark index later this month, after it recently cleared a key profitability hurdle riding a blistering AI
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