Marvell Adds $90 Billion in 2-Day Rally After Nvidia’s Huang Calls It Next Trillion-Dollar Company
Marvell Technology extended its rally for a second day, taking the stock's gain to more than 45% over two sessions and adding about $90 billion in market value after Nvidia Chief Executive Officer Jensen Huang called the company “the next trillion-dollar company” at Computex in Taipei. The shares rose from $211 to $307 over the two-day stretch.
The move builds on a 33% surge in the prior session, Marvell’s best day since 2000, and highlights investor focus on the company’s networking and connectivity chips used to link thousands of GPUs inside AI data centers. Huang also said Nvidia and Marvell are strengthening their partnership to expand networking and connectivity for AI data centers.
From the sources (16 posts)
@zephyr_z9RT @MarvellTech: Marvell today introduced Teralynx T100, the industry’s first 102.4 Tbps switch silicon purpose-built for the AI era. Unl…
@tradfi*JENSEN HUANG CALLS MARVELL "THE NEXT TRILLION DOLLAR COMPANY" AT MARVELL CEO'S KEYNOTE @ COMPUTEX IN TAIWAN $MRVL
@stocksavvyshay$MRVL is up over 15% in overnight trading after $NVDA CEO Jensen Huang called Marvell “the next trillion-dollar company” at Computex. Data center is now ~76% of revenue putting Marvell at the custom silicon and interconnect chokepoint of t
@polymarketmoney$MRVL is ripping overnight after $NVDA CEO Jensen Huang called Marvell “the next trillion-dollar company” at Computex.
@amitisinvestingJENSEN AT COMPUTEX TAIPEI JUST NOW: - Marvell will become the next trillion-dollar company - Marvell and Nvidia are strengthening their partnership to expand critical networking & connectivity to power AI data centers Jensen touch.
@aleabitoreddit$NVDA Jensen Huang: “ $MRVL the next $1T company ladies and gentlemen “. Marvell is currently trading at $191B. I have positions in Marvell… but how much faith do we have in Jensen for the 5x?
@zerohedgeMarvell Soars After Nvidia CEO Says Chipmaker Is Headed For Trillion-Dollar Club
@bulltheoryioBEAKING: $MRVL is up +23% premarket after Jensen Huang said "This is the next trillion-dollar company." Huang made a surprise appearance during Marvell CEO Matt Murphy's keynote at Computex in Taipei and told the audience: "This is the nex
@reutersMarvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company'
@yahoofinanceJensen Huang calls $MRVL "the next trillion-dollar company," sending the stock soaring. 🚀 Explore more premium news and analysis on Marvell in AlphaSpace:
@stocksavvyshay$NVDA CEO Jensen Huang saying $MRVL can become “the next trillion-dollar company” doesn’t sound crazy when you realize it sits directly inside one of the biggest bottlenecks of the AI buildout: networking. Marvell is trying to become the c
@reutersMarvell shares touch record high after Nvidia's Huang calls it 'next trillion-dollar company'
@tradfi*MARVELL SHARES CLOSE UP 33% FOR BEST DAY SINCE 2000 $MRVL
@khaledonchainOne sentence from Jensen added $90 billion in value. Nvidia CEO Jensen Huang called Marvell a potential trillion-dollar company on June 2. MRVL rose from $211 to $307, a gain of over 45% in two days.
@vikramskrI sat in the front row to this $90B sentence, and made $0. Great, just great.
@zephyr_z9🤣🤣🤣🤣🤣🤣