Marvell stock jumps 25% after Nvidia CEO hails it as next trillion‑dollar company
Marvell Technology shares surged over 25% in pre‑market trading after Nvidia CEO Jensen Huang called the chipmaker the "next trillion‑dollar company" during Computex. The endorsement follows Nvidia’s $2 billion investment in Marvell and reflects growing demand for AI‑focused custom chips. Marvell’s market cap rose to $234 billion, near a record high.