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Nvidia CEO Jensen Huang said Tuesday that Marvell Technology is the "next trillion-dollar company," and investors listened: The stock soared nearly 33% in a day.
Why it matters: As leader of the most valuable company in the world, Huang is one of a select few who can move markets simply by saying stuff — a kingmaker of sorts.
Zoom in: In this case, Nvidia in March announced a $2 billion investment in Marvell, which makes semiconductors and high-speed networking technology used in data centers.
