Nvidia CEO Jensen Huang Hails Marvell as Next Trillion-Dollar Company
During a Computex trade show appearance in Taipei, Nvidia CEO Jensen Huang praised Marvell Technology as the next trillion-dollar company. The comment led to a significant premarket surge of about 25% for Marvell's stock (MRVL). Huang highlighted the importance of Marvell’s networking and connectivity chips in data centers.
Topics: Computex trade show Marvell Technology Nvidia trillion-dollar valuation