Nvidia CEO Jensen Huang joins Marvell CEO Matt Murphy at a keynote speech during Computex in Taipei, Taiwan, June 2, 2026. REUTERS/Ann Wang
02 Jun 2026 04:44PM
June 2 : Marvell Technology's shares surged more than 24 per cent in premarket trading on Tuesday after Nvidia CEO Jensen Huang called the chipmaker the next "trillion-dollar company."Huang and Marvell CEO Matt Murphy were speaking at an event at the Computex week in Taipei on Tuesday.Marvell shares were last up 24.4 per cent at $272.9, set to add more than $47.2 billion in market capitalisation if gains hold. Nvidia shares also gained 1.4 per cent.
Source: Reuters
