The Next $1 Trillion AI Winner May Already Be Hiding Inside Nvidia's Supply Chain
Key takeaways
- Let s see if this oft-overlooked chipmaker can join the 12-zero club within the next few years.
- Marvell once mainly produced Wi-Fi, Internet of Things (Io T), and mobile chips for consumer devices.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
MRVL NVDA In early June, Nvidia (NASDAQ: NVDA) CEO Jensen Huang predicted that Marvell Technology (NASDAQ: MRVL), which has a market cap of $272 billion, would become the "next trillion-dollar company" because its networking and connectivity chips were essential to data centers. Let s see if this oft-overlooked chipmaker can join the 12-zero club within the next few years.
Marvell once mainly produced Wi-Fi, Internet of Things (Io T), and mobile chips for consumer devices. But over the past decade, the company exited those cyclical, lower-margin markets. It aggressively expanded its data center segment with bold acquisitions (including Cavium in 2018 and Inphi in 2021) and new product launches.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »