Marvell Technology Inc (NASDAQ:MRVL) has drawn major attention after NVIDIA Corp (NASDAQ:NVDA) CEO Jensen Huang suggested the chipmaker could become the stock market's "next trillion-dollar company," even though analysts say that target would require massive growth.

Nasdaq futures are up 0.43% while S&P 500 futures have gained 0.05%.

NVIDIA Tie-Up Fuels Marvell's Rally Marvell shares jumped 33% on June 2 after Huang made the trillion-dollar comment at the Computex technology trade show in Taipei.

The stock hit a record on June 4, lifting Marvell's market value to about $277 billion, though it later slipped to about $272 billion.

Marvell has still surged more than 265% in 2026 and is on pace for its best year ever, Bloomberg reported on Tuesday.