MRVL: Why is AI chipmaker Marvell’s stock price surging today? It comes down to 4 words from Nvidia’s Jensen Huang

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. What is Marvell? Marvell Technology is a mid-sized US semiconductor company founded in 1995. Though it makes computer chips, it doesn’t specialize in the chips most people think about when they hear “semiconductors”—the central processing units (CPUs) that are the brains of the personal computer or the graphics processing units (GPUs) that power video graphics or modern artificial intelligence data centers. Rather, Marvell’s specialty is making the computer chips that interconnect the technologies powering AI data centers. Simply put, a data center requires thousands of CPUs and GPUs to carry out its AI tasks. Marvell’s chips enable those thousands of CPUs and GPUs to communicate efficiently and exchange data quickly. What did Nvidia’s Jensen Huang say about Marvell? This week, Nvidia CEO Jensen Huang is in Taiwan for the annual Computex tech trade show. And Huang has been busy while there. Yesterday, Huang announced Nvidia’s new RTX Spark AI superchip while speaking at Computex. The RTX Spark is based on ARM architecture, and that news sent shares in Arm Holdings soaring on Monday. But that’s not the only golden touch Huang’s words have had this week. Today at Computex, Haung featured took part in an onstage conversation with Marvell CEO Matthew Murphy after Murphy gave a presentation on his company’s latest AI infrastructure advancements. During that conversation, Huang said four little words that have sent investors flocking to Marvell’s stock. The Nvidia CEO told Murphy that Marvell stood to be the “next trillion-dollar comp