Jensen Huang called a California chipmaker the 'next trillion-dollar company,' and its shares spiked 20%

Source: Business Insider

Nvidia CEO Jensen Huang (L) speaks alongside Marvell Technology CEO Matthew Murphy (R). Cheng Chia Huang/Getty ImagesShares in semiconductor producer Marvell Technology spiked in premarket trade on Tuesday. The surge comes after Nvidia CEO Jensen Huang called Marvell the "next trillion-dollar company.