Business
Marvell Technology Ranks 22nd in Nasdaq-100, Surpasses PepsiCo and T-Mobile by Market Cap
Marvell Technology has ascended to the No. 22 position in the Nasdaq-100 Index, achieving a market capitalization of $269 billion that now exceeds those of PepsiCo and T-Mobile.
Corporate Milestone
The semiconductor company’s valuation places it among the top 25 constituents of the technology-heavy benchmark. As of June 03, 2026, Marvell’s market cap of $269 billion is higher than PepsiCo’s and T-Mobile’s respective market values, reflecting significant investor demand for its chip products.Market Context
Current financial market data for June 03, 2026:- US dollar to Russian ruble: 73.34 RUB (change: +0.78)
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- Bitcoin: $65,954 (24-hour change: -2.1%)
- Crude oil: approximately $72 per barrel (estimated)