{"id":97094,"date":"2026-06-02T15:34:30","date_gmt":"2026-06-02T15:34:30","guid":{"rendered":"https:\/\/www.europesays.com\/people\/97094\/"},"modified":"2026-06-02T15:34:30","modified_gmt":"2026-06-02T15:34:30","slug":"marvell-stock-soars-as-nvidia-ceo-calls-chipmaker-the-next-trillion-dollar-company","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/97094\/","title":{"rendered":"Marvell stock soars as Nvidia CEO calls chipmaker &#8216;the next trillion-dollar company&#8217;"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">What happened: Marvell Technology (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/MRVL\" data-i13n=\"cpos:1;pos:1\" data-ylk=\"slk:MRVL;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;MRVL&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">MRVL<\/a>) stock skyrocketed as much as 26% on Tuesday after Nvidia (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-i13n=\"cpos:2;pos:1\" data-ylk=\"slk:NVDA;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;NVDA&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">NVDA<\/a>) CEO Jensen Huang called the custom chipmaker \u201cthe next trillion-dollar company.\u201d<\/p>\n<p class=\"yf-1fy9kyt\">What\u2019s behind the move: Huang\u2019s comments made at Computex week in Taipei sent Marvell stock soaring as he appeared onstage alongside Marvell CEO Matt Murphy.<\/p>\n<p class=\"yf-1fy9kyt\">After taking the stage, Huang said, \u201cLadies and gentlemen, the next trillion-dollar company,\u201d in reference to Marvell.<\/p>\n<p class=\"yf-1fy9kyt\">The custom chipmaker\u2019s market cap sat just under $192 billion at last close \u2014 still a long way from $1 trillion.<\/p>\n<p class=\"yf-1fy9kyt\">Last month, memory chipmakers Micron Technology (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/MU\" data-i13n=\"cpos:3;pos:1\" data-ylk=\"slk:MU;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;MU&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">MU<\/a>), Samsung Electronics (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/005930.KS\/\" data-i13n=\"cpos:4;pos:1\" data-ylk=\"slk:005930.KS;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;005930.KS&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">005930.KS<\/a>), and SK Hynix (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/000660.KS\/\" data-i13n=\"cpos:5;pos:1\" data-ylk=\"slk:000660.KS;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;000660.KS&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">000660.KS<\/a>) all made headlines as they topped valuations of $1 trillion for the first time.<\/p>\n<p class=\"yf-1fy9kyt\">What else you need to know: Marvell designs optical networking chips and custom AI accelerators, commonly called XPUs. The company has built silicon for cloud giants such as Microsoft (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/MSFT\" data-i13n=\"cpos:6;pos:1\" data-ylk=\"slk:MSFT;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;MSFT&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">MSFT<\/a>) and Amazon (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/AMZN\" data-i13n=\"cpos:7;pos:1\" data-ylk=\"slk:AMZN;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;7&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;AMZN&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">AMZN<\/a>).<\/p>\n<p class=\"yf-1fy9kyt\">Nvidia <a class=\"link \" href=\"https:\/\/nvidianews.nvidia.com\/news\/nvidia-ai-ecosystem-expands-as-marvell-joins-forces-through-nvlink-fusion\" data-i13n=\"cpos:8;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:announced a strategic partnership;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;8&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;announced a strategic partnership&quot;,&quot;yHasCommerce&quot;:false}\">announced a strategic partnership<\/a> with Marvell earlier this year, along with a $2 billion investment.<\/p>\n<p class=\"yf-1fy9kyt\">Marvell last week projected its custom chip business would cross $10 billion in revenue by fiscal 2029, fueled by growing AI data center investment.<\/p>\n<p class=\"yf-1fy9kyt\">Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at <a class=\"link \" href=\"https:\/\/twitter.com\/ines_ferre\" data-i13n=\"slk:@ines_ferre;cpos:9;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:@ines_ferre;slk:@ines_ferre;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;9&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;@ines_ferre&quot;,&quot;yHasCommerce&quot;:false}\">@ines_ferre<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\"><a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/tech\" data-i13n=\"slk:Click here for the latest technology news that will impact the stock market;cpos:10;pos:1\" data-ylk=\"slk:Click here for the latest technology news that will impact the stock market;slk:Click here for the latest technology news that will impact the stock market;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;10&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Click here for the latest technology news that will impact the stock market&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">Click here for the latest technology news that will impact the stock market<\/a><\/p>\n<p class=\"yf-1fy9kyt\"><a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/news\/\" data-i13n=\"slk:Read the latest financial and business news from Yahoo Finance;cpos:11;pos:1\" data-ylk=\"slk:Read the latest financial and business news from Yahoo Finance;slk:Read the latest financial and business news from Yahoo Finance;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;11&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the latest financial and business news from Yahoo Finance&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">Read the latest financial and business news from Yahoo Finance<\/a><\/p>\n<p>   <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"What happened: Marvell Technology (MRVL) stock skyrocketed as much as 26% on Tuesday after Nvidia (NVDA) CEO Jensen&hellip;\n","protected":false},"author":2,"featured_media":97095,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[149],"tags":[16552,574,578,4444,575],"class_list":["post-97094","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jensen-huang","tag-chipmaker","tag-jensen-huang","tag-marvell-technology","tag-matt-murphy","tag-nvidia"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116681249150299957","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/97094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=97094"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/97094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/97095"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=97094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=97094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=97094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}