Marvell Technology Shares Surge Following Nvidia CEO's Trillion-Dollar Prediction
Marvell Technology (MRVL) shares skyrocketed, gaining over 20% and reaching a new all-time high, after Nvidia CEO Jensen Huang praised the company at the Computex 2026 conference in Taipei. During a surprise appearance alongside Marvell CEO Matt Murphy, Huang described the chipmaker as the next potential "trillion-dollar company," citing its data center switches as essential for orchestrating complex AI workloads. While investors reacted with massive enthusiasm, the surge drew mixed reactions from analysts. CNBC's Jim Cramer expressed concern over the rapid rally fueled by Huang's prediction. Despite this, the market momentum reflects growing confidence in Marvell's critical role in AI connectivity and data center infrastructure.
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Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 29% in the afternoon session after Nvidia CEO Jensen Huang called the company "the next trillion-dollar company" during his keynote at Computex Week in Taipei.
Jensen Huang joins Marvell CEO on Computex stage, hails it as 'the next trillion-dollar company'
Nvidia CEO Jensen Huang made a surprise guest appearance during Marvell Technology CEO Matt Murphy's keynote at Computex 2026 in Taipei on June 2, joining Murphy on stage for about 10 minutes in what became the most-talked-about moment of the one-hour... The article requires paid subscription. Subscribe Now ... Select premium stories & daily editor picks. Leverage AI summaries for instant insights. Receive tech briefings & newsletters...
Huang has lofty expectations for Marvell Technology. ... Marvell Technology stock is up more than 27% in morning trading after Nvidia's CEO endorsed it at a conference in Taipei. Jensen Huang said Marvell's data center switches are "essential" for handling AI workloads.
Nvidia (NVDA) CEO Jensen Huang declared Marvell (MRVL) Technology as the next potential trillion-dollar company due to its essential data center connectivity that supports complex AI computing orchestration. This took place at the COMPUTEX 2026 conference on June 2, 2026.
Marvell Shares Surge After Nvidia’s Jensen Huang Calls It the Next “Trillion-Dollar Company” (MRVL)
Marvell Technology (NASDAQ:MRVL) shares soared more than 22% in premarket trading on Tuesday after Nvidia Chief Executive Jensen Huang praised the semiconductor company and described it as the next “trillion-dollar company. ” The remarks added to growing investor enthusiasm surrounding ...
Marvell Technology Inc. (NASDAQ:MRVL) is one of the 10 Stocks Delivering Massive Returns. Marvell Technology climbed to a new all-time high on Tuesday as investors took heart from Nvidia Corp. CEO Jensen Huang’s optimism that it could become the next trillion-dollar company.
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