Trending Now - Marvell's Stock Rises Following Nvidia Ceo's Bold Prediction

WHO:

Fast Company - Jensen Huang is the CEO of Nvidia.

Fast Company - Matthew Murphy is the CEO of Marvell Technology, Inc.

Bloomberg Markets - Jensen Huang is identified as the chief of Nvidia Corp.

WHAT:

Yahoo Finance - Marvell's stock surged to an all-time intraday high of $291.30 after Jensen Huang called it the “next trillion-dollar company” at Computex.

Yahoo Finance - Marvell shares closed up 32.52% on Tuesday after Jensen Huang hailed the chipmaker as the "next trillion-dollar company" at Computex.

Yahoo Finance - Stifel raised the price target on Marvell to $321 from $230 after Chairman and CEO Matt Murphy delivered a Computex 2026 keynote.

Yahoo Finance - Marvell's stock surged to an all-time intraday high of $291.30 after Jensen Huang called it the “next trillion-dollar company” at Computex.

Yahoo Finance - Marvell's stock has more than tripled in 2026, surging 225% so far this year.

Yahoo Finance - Marvell has raised its fiscal 2027 and 2028 forecasts, reflecting confidence in demand for its networking, custom AI chip, and silicon photonics offerings.

Yahoo Finance - Stifel raised the price target on Marvell to $321 from $230 and maintained a ‘Buy’ rating on the shares after Chairman and CEO Matt Murphy delivered a Computex 2026 keynote.

TechRadar - Jensen Huang stated that Nvidia has enough CPU and GPU supply to grow AI, despite being supply constrained.

Yahoo Finance - Marvell's stock soared to an all-time intraday high of $291.30 after Jensen Huang called it the “next trillion-dollar company” at Computex.

Yahoo Finance - Marvell's data center business accounted for about 76% of first-quarter revenue.

Yahoo Finance - Stifel raised the price target on Marvell to $321 from $230 and maintained a ‘Buy’ rating on the shares.

Yahoo Finance - Marvell's stock has more than tripled in 2026, surging 225% so far this year.

Yahoo Finance - Jensen Huang stated that the industry is shifting away from traditional copper connections toward optical networking, which could support Marvell's role in linking chips inside large AI data centers.

Yahoo Finance - Marvell's stock was up about 23% in premarket trading at $269.93, which would add more than $44 billion to the company's market value if the move holds.

Fast Company - Jensen Huang announced Nvidia’s new RTX Spark AI superchip during Computex, which is based on ARM architecture.

Fast Company - Marvell's stock price surged to $268.20 after a rise of about 22% in pre-market trading.

Bloomberg Markets - Marvell's market capitalization would need to increase nearly five times to join the $1 trillion market cap club.

Techmeme - Marvell shares closed up 32.52% on Tuesday after Jensen Huang hailed the chipmaker as the "next trillion-dollar company" at Computex.

Fast Company - Marvell Technology, Inc. shares reached new all-time highs in pre-market trading.

Fast Company - Jensen Huang stated that Marvell stood to be the “next trillion-dollar company.”

Bloomberg Markets - Marvell's stock surged in early trading after Jensen Huang's prediction.

Fast Company - Marvell Technology, Inc. shares surged over 25% in pre-market trading.

Fast Company - Marvell's stock price reached $268.20 after a rise of about 22%.

Fast Company - Marvell's share price closed at $219.43 the previous day.

Bloomberg Markets - Jensen Huang predicted that Marvell will be the next company to reach a $1 trillion valuation.

Fast Company - Marvell's market capitalization was around $192 billion at the previous day's closing price.

Fast Company - Marvell's stock has increased more than 158% for the year and over 264% in the past 12 months.

WHERE:

Fast Company - Marvell Technology, Inc. is based in Santa Clara, California.

Fast Company - Jensen Huang made his comments at the Computex tech trade show in Taiwan.

WHEN:

Fast Company - Jensen Huang made his comments during the Computex tech trade show, which is an annual event.

WHY:

Fast Company - Huang stated that Marvell is essential for the efficiency of modern AI data centers, which rely on effective communication between chips.

HOW:

Yahoo Finance - Marvell has raised its fiscal 2027 and 2028 forecasts, reflecting confidence in demand for its networking, custom AI chip, and silicon photonics offerings.

Yahoo Finance - Marvell's data center business accounted for about 76% of first-quarter revenue.

Yahoo Finance - Marvell makes data infrastructure semiconductors, including interconnect and ethernet products used in networking systems.

Fast Company - Jensen Huang stated, “That’s the reason why [Marvell CEO Matthew Murphy is] doing so well. That’s the reason why Marvell is so essential.”

Fast Company - Marvell's chips enable thousands of CPUs and GPUs in AI data centers to communicate efficiently and exchange data quickly.

Fast Company - Marvell specializes in making chips that enable communication between CPUs and GPUs in AI data centers.

(UPDATED June 3, 2026 14:27 UTC)

Marvell's stock soared to an all-time intraday high of $291.30 after Jensen Huang referred to the company as the “next trillion-dollar company” during his keynote at Computex. Following this announcement, Marvell shares closed up 32.52%, and Stifel responded by raising the price target on the stock from $230 to $321. Additionally, Marvell has increased its fiscal 2027 and 2028 forecasts, showcasing strong confidence in the demand for its networking, custom AI chip, and silicon photonics products.

(UPDATED June 3, 2026 12:35 UTC)

Marvell's stock has soared to an all-time intraday high of $291.30 after Jensen Huang referred to the company as the “next trillion-dollar company” during a keynote at Computex 2026. Following this, Stifel raised its price target on Marvell to $321 from $230, reflecting the company's strong performance and future potential. Additionally, Marvell has raised its fiscal 2027 and 2028 forecasts, showcasing confidence in the demand for its networking, custom AI chip, and silicon photonics offerings.

(UPDATED June 3, 2026 10:31 UTC)

Marvell has raised its fiscal 2027 and 2028 forecasts, showcasing strong confidence in demand for its networking, custom AI chip, and silicon photonics offerings, while Stifel has increased the price target on Marvell to $321 from $230, maintaining a 'Buy' rating after CEO Matt Murphy's keynote at Computex 2026. Notably, Marvell's data center business made up approximately 76% of its first-quarter revenue. Meanwhile, Jensen Huang of Nvidia has assured that the company has sufficient CPU and GPU supply to support growth in AI, despite facing some supply constraints.

(UPDATED June 3, 2026 08:39 UTC)

Marvell's stock has reached an all-time intraday high of $291.30 after Jensen Huang referred to it as the “next trillion-dollar company” at Computex. The company's data center business has been a significant contributor, accounting for about 76% of first-quarter revenue, and Stifel has raised its price target on Marvell to $321 from $230 while maintaining a ‘Buy’ rating. Remarkably, Marvell's stock has more than tripled this year, surging 225% so far in 2026.

(UPDATED June 3, 2026 06:35 UTC)

Jensen Huang has announced that the industry is moving away from traditional copper connections and embracing optical networking, which could enhance Marvell's position in connecting chips within large AI data centers. As a result, Marvell's stock surged approximately 23% in premarket trading, reaching $269.93, potentially adding over $44 billion to the company's market value if this trend continues. Marvell specializes in data infrastructure semiconductors, producing interconnect and ethernet products essential for networking systems.

(UPDATED June 3, 2026 04:24 UTC)

Nvidia's CEO Jensen Huang unveiled the new RTX Spark AI superchip during Computex, highlighting its ARM architecture. In related news, Marvell's stock price skyrocketed to $268.20 after a remarkable 22% increase in pre-market trading, although the company would need to see its market capitalization grow nearly five times to reach the $1 trillion club. Huang emphasized Marvell's importance, stating, “That’s the reason why [Marvell CEO Matthew Murphy is] doing so well. That’s the reason why Marvell is so essential.”

(UPDATED June 2, 2026 21:52 UTC)

Marvell shares surged by over thirty-two percent after Jensen Huang praised the chipmaker as the "next trillion-dollar company" during his speech at Computex. Huang highlighted the success of Marvell's CEO, Matthew Murphy, emphasizing the company's essential role in the tech industry. This endorsement has clearly resonated with investors, leading to a significant boost in Marvell's stock value.

(UPDATED June 2, 2026 20:08 UTC)

Marvell Technology, Inc. shares have hit new all-time highs in pre-market trading, following a surge in stock prices after Jensen Huang's bold prediction that the company could become the next trillion-dollar enterprise. Huang emphasized that Marvell's chips play a crucial role in enabling thousands of CPUs and GPUs in AI data centers to communicate efficiently and exchange data quickly. This optimistic outlook has clearly resonated with investors, driving the stock's impressive performance in early trading.

(UPDATED June 2, 2026 16:25 UTC)

Jensen Huang, the CEO of Nvidia, recently predicted that Marvell Technology, Inc., led by CEO Matthew Murphy, will be the next company to reach a $1 trillion valuation. This comes as Marvell's shares surged over 25% in pre-market trading, climbing to $268.20 after closing at $219.43 the previous day, marking an impressive increase of more than 158% for the year. Huang made these comments at the Computex tech trade show in Taiwan, emphasizing Marvell's crucial role in enhancing the efficiency of modern AI data centers through their specialized chips that facilitate communication between CPUs and GPUs.