Marvell Technology shares surge after Nvidia CEO calls it the 'next trillion-dollar company'

Marvell Technology (NASDAQ:MRVL) saw its stock rise over 27% following a public endorsement from Nvidia CEO Jensen Huang at Computex, where he labeled Marvell as potentially becoming a $1 trillion company. The remarks came after Marvell reported record Q1 fiscal 2027 revenue of approximately $2.42 billion and raised its full-year outlook to nearly $11.5 billion.

By Proactive Tue, June 2, 2026 at 6:39 PM GMT+3 1 min read · Yahoo Finance · June 2, 2026, 15:39 UTC

Tickers: $MRVL $NVDA

Topics: AI infrastructure market reaction Marvell Technology Nvidia

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