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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...
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...
Marvell Technology jumps almost 9% in premarket after news it will join the S&P 500 index
Marvell Technology was up almost 9% in premarket trading on Monday after it was announced that the AI chipmaker would be joining the benchmark S&P 500 index. The semiconductor company, which trades on the Nasdaq, will join the broad-market index on June 22 and will sit alongside the 500 leading companies in the U.S., S&P Global said in a press release on Friday. Marvell was last seen up 8.8% in premarket trading and is up 210% year-to-date.
Celebrities at the Knicks-Spurs NBA Finals: Derek ...
The stars are out at the 2026 NBA playoffs. The postseason began with celebrity-filled crowds at Madison Square Garden and Crypto.com Arena, and now the NBA Finals have brought even more notable faces to New York and San Antonio. Whether it's longtime Knicks superfans, Spurs supporters or curious celebrities hoping to catch a Finals game, famous faces have been a fixture throughout the playoff run.