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Marvell Surges After Huang Calls It the Next $1 Trillion Company

Jensen Huang, left, and Marvell Technology CEO Matt Murphy in Taipei, on June 2.

Bloomberg Markets 8d ago

Marvell Surges After Huang Calls It the Next $1 Trillion Company

Jensen Huang, left, and Marvell Technology CEO Matt Murphy in Taipei, on June 2.

Bloomberg Technology 8d ago

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' 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...

Channel News Asia 8d ago

The tech that could make Marvell the next trillion dollar company

The sun is slowly but surely setting on copper interconnects, Marvell CEO Matt Murphy claimed in his Computex keynote this week. Within the next decade the IP house expects photons to take the place of electrons and change the way datacenters are built and run in the process. And, if Nvidia CEO Jensen Huang is right, the widespread transition to silicon photonics technologies could make Marvell the next trillion dollar company.

The Register 7d ago

Australia lose captain Marsh, opener Head for Bangladesh ODI series

Australia lose captain Marsh, opener Head for Bangladesh ODI series June 8 : Australia captain Mitchell Marsh, opener Travis Head and spinner Tanveer Sangha have all been ruled out of the three-match one-day international (ODI) series Bangladesh, the country's cricket board said on Monday. The trio have been replaced by Todd Murphy, Ollie Peake and Matt Short.

Channel News Asia 2d ago

Our systems editor flew all the way to Taiwan and still couldn't get away from AI

KETTLE El Reg's systems editor Tobias Mann has been in Taipei for the past week getting the skinny on the hottest new chips, and what he's heard has been less about actual hardware announcements and more about how chipmakers are rushing to meet the demands of AI, other customers be damned. Tobias joins host Brandon Vigliarolo to discuss what he noticed at Computex 2026, how AI has taken over yet another industry event, and whether the world is going to have to adjust to new, more expensive...

The Register 2d ago

OpenAI and Anthropic May Be Rivals, but Investors Aren’t Picking Sides

OpenAI and Anthropic have battled for workers, customers, and public attention. The rival AI labs have been on opposite sides of policy proposals, and their CEOs were the only ones not to link hands among a dozen industry leaders at a business summit earlier this year. But they do have one big area of overlap: their investors.

Wired 5d ago

California-based chipmaker's stock jumps 20% as Nvidia CEO praises firm on stage

Shares of California-based semiconductor company Marvell Technology surged more than 20% on June 2 after Nvidia CEO Jensen Huang predicted it could become the "next trillion-dollar company." During a stage appearance in Taiwan alongside Marvell CEO Matthew Murphy, Huang publicly praised the company saying Marvell has enabled greater connectivity across AI systems and that it may be the “next trillion-dollar company”. Soon after Huang’s comments, the tech firm's shares traded at an increased...

Times of India 7d ago

Nvidia's Jensen Huang says Marvell could be the next trillion-dollar company; stock jumps 25%

Nvidia's CEO Jensen Huang hailed this chip designer as the next trillion-dollar firm, sending its shares up sharply in premarket trading Tuesday. Marvell Technology, a semiconductor firm that designs chips for data centers, soared after Huang touted the company's efforts in supplying the AI infrastructure build-out during an onstage appearance with Marvell CEO Matthew Murphy at Computex Week in Taipei on Monday. The stock was last trading up 25% as of 6:05 am ET and is up over 158% in the...

CNBC 8d ago

What Is the Democrats’ Answer to ‘America First’?

The Democratic Party’s foreign-policy experts assembled what they dubbed a shadow cabinet during President Trump’s first term to counter the new leader’s disruptive approach to global affairs. As Trump harangued allies and threatened to abandon NATO, the group condemned his deference to Russian President Vladimir Putin and his support for the Saudi war in Yemen, proposed alternative policies, and called for a restoration of the rules-based order. The idea was to convene such governmental and...

The Atlantic 2h ago