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Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company'

Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company'
Channel News Asia Tuesday 02 June 2026, 08:44 UTC 1 min read
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Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company' June 2 : Marvell Technology's shares surged more than 24 per cent in premarket trading on Tuesday after Nvidia CEO Jensen Huang called the chipmaker the next "trillion-dollar company." Huang and Marvell CEO Matt Murphy were speaking at an event at the Computex week in Taipei on Tuesday. Marvell shares were last up 24.4 per cent at $272.9, set to add more than $47.2 billion in market capitalisation if gains...

Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company' June 2 : Marvell Technology's shares surged more than 24 per cent in premarket trading on Tuesday after Nvidia CEO Jensen Huang called the chipmaker the next "trillion-dollar company." Huang and Marvell CEO Matt Murphy were speaking at an event at the Computex week in Taipei on Tuesday. Marvell shares were last up 24.4 per cent at $272.9, set to add more than $47.2 billion in market capitalisation if gains hold. Nvidia shares also gained 1.4 per cent.
Marvell Technology (ORG) Nvidia (ORG) Huang (PERSON) Marvell Technology's (ORG) Jensen Huang (PERSON) Marvell (ORG) Matt Murphy (PERSON) the Computex week (EVENT) Taipei (LOCATION)
Originally published by Channel News Asia Read original →

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