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Marvell Shares Jump Almost 30% After Nvidia CEO Jensen Huang Calls Chipmaker The 'Next Trillion-Dollar Company'

Marvell
International Business Times Fews App News Provider
Fews App Post Time 23h ago

Nvidia CEO Jensen Huang speaks during a press conference at Computex in Taipei on June 2, 2026. Getty Images Marvell Technology shares jumped almost 30% on Tuesday after Nvidia Chief Executive Jensen Huang described the semiconductor company as the "next trillion-dollar company," fueling a rally in a stock that has become closely tied to the rapid expansion of artificial intelligence infrastructure. The remarks took place during an onstage discussion between Huang and Marvell CEO Matt Murphy at Computex in Taipei, where Huang praised the company's networking and connectivity technologies, according to CNBC.

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