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Nvidia CEO Jensen Huang Touts Marvell as Next Trillion-Dollar Company

Published Tuesday, June 2, 2026

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Media Analysis

AI synthesis

Nvidia CEO Jensen Huang predicted that Marvell Technology would become the next 'trillion-dollar company,' leading to a significant surge in Marvell's shares. This market reaction is attributed to strong demand for specialized AI chips and Marvell's positive revenue forecasts.

What We Know — Key Points

  • Nvidia CEO Jensen Huang predicted Marvell Technology would become the next 'trillion-dollar company'.
  • Marvell Technology's shares surged over 24% in premarket trading on Tuesday, with its stock up 22% as of 7:28 am ET.
  • The surge in Marvell's shares is fueled by demand for specialized AI chips and the company's forecast of $10 billion in custom chip revenue by fiscal 2029.

What Is Claimed — Perspectives

  • CNBCCenter

    The article frames the news through its immediate impact on Marvell Technology's stock performance and market valuation.

  • Channel News AsiaCenter

    Marvell Technology's shares surged over 24% in premarket trading after Nvidia CEO Jensen Huang predicted it would become the next "trillion-dollar company." This surge is fueled by demand for specialized AI chips and Marvell's forecast of $10 billion in custom chip revenue by fiscal 2029.

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  • Key points, perspectives, bias labels, and categorisation may contain errors.
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