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Marvell Technology surges after Nvidia CEO calls it the "next trillion-dollar company"
Key takeaways
- Huang made the remarks during Marvell CEO Matt Murphy s keynote at the Computex technology conference in Taipei, calling Marvell "the next trillion-dollar company."
- The two companies are deeply intertwined at the technological level.
- Marvell also addresses a core infrastructure constraint facing the industry.
Marvell Technology surges after Nvidia CEO calls it the "next trillion-dollar company" Proactive Tue, June 2, 2026 at 10:39 PM GMT+7 1 min read MRVL NVDA Marvell Technology Group Ltd. (NASDAQ:MRVL) shares jumped more than 27% on Tuesday after Nvidia CEO Jensen Huang publicly declared the chipmaker could reach a $1 trillion valuation, sending the stock to fresh highs following a blowout earnings report just days earlier.
Huang made the remarks during Marvell CEO Matt Murphy s keynote at the Computex technology conference in Taipei, calling Marvell "the next trillion-dollar company."
The comments extended Marvell’s year-to-date gain of nearly 230%, giving the company a current market capitalization of roughly $244 billion.
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