Marvell shares touch record high after Nvidia's Huang calls it 'next trillion-dollar company'
Huang said Marvell’s networking chips are essential to AI data centers, and the company’s shares jumped more than 25% in premarket trading.
- On Tuesday, Nvidia CEO Jensen Huang called Marvell Technology the "next trillion-dollar company" during a Computex keynote in Taipei, sending shares surging more than 25% in premarket trading.
- Marvell designs high-performance chips and networking gear essential for AI data centers. Huang explained that connectivity is vital when computing tasks are distributed across thousands of connected processors.
- Nvidia recently committed a $2 billion investment into Marvell, which held a market value of about $192bn before Tuesday's jump, with stock gaining more than 158% this year.
- Marvell CEO Matt Murphy responded with enthusiasm, saying the firm has a "little work to do" to reach that valuation, as Huang framed the company as a beneficiary of the data-center boom.
- Roughly 15 companies carry market values above $1tn, with Nvidia valued at around $5.4tn, as broad AI infrastructure spending from Amazon, Alphabet, and Microsoft fuels demand for connective hardware.
26 Articles
26 Articles
The next technology company to achieve a billion dollar valuation could not be a processor manufacturer or a memory signature, but a company specializing in connectivity for artificial intelligence data centers. As Jensen Huang, CEO of Nvidia, said during a surprise appearance on the stage at Computex 2026, where he said Marvell Technology is aiming to become the next company in the sector to enter the exclusive club of companies with market val…
Marvell Stock Jumps After Nvidia CEO Calls It Next Trillion-Dollar Company
(New York, New York) – Marvell Technology shares jumped after Nvidia CEO Jensen Huang praised the chipmaker as a potential future trillion-dollar company, adding fuel to Wall Street’s AI infrastructure trade. The comment sent investors toward a company already viewed as a key supplier for custom chips, networking and data-center connectivity. Marvell matters because the AI boom is creating bottlenecks beyond graphics processors. Massive data cen…
This growth has also moved from being the number 116 company in stock market capitalization to the number 70, surpassing Shell or Siemens.
Marvell Shares Jump Almost 30% After Nvidia CEO Jensen Huang Calls Chipmaker The 'Next Trillion-Dollar Company'
Marvell Technology shares jumped more than 20% on Tuesday after Nvidia Chief Executive Jensen Huang described the semiconductor company as the "next trillion-dollar company."
MRVL: Why is AI chipmaker Marvell’s stock price surging today? It comes down to 4 words from Nvidia’s Jensen Huang
Shares in AI chipmaker Marvell Technology, Inc. (Nasdaq: MRVL) are surging this morning, with the company’s stock price reaching new all-time highs in pre-market trading. But the share price surge isn’t down to a specific announcement from the more than 30-year-old Santa Clara, California semiconductor firm. Rather, Marvell’s skyrocketing shares all come down to four little words from Nvidia’s CEO, Jensen Huang. Here’s what you need to know. Wha…
Nvidia CEO Jensen Huang ventured a prognosis. Marvell's share reacts immediately and increases by over 25 percent. Nvidia is likely to benefit from the statement itself.
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