Nvidia CEO Jensen Huang told the world at Computex 2026 that Marvell Technology is set to become the next trillion-dollar company. The stock market heard him loud and clear, sending MRVL shares up 32.5% and pushing the chipmaker’s market cap into the $230 billion to $250 billion range.
The Nvidia halo effect and what’s behind it
Huang’s remarks weren’t just flattery. They came backed by a $2 billion strategic investment that Nvidia made in Marvell back in March 2026, a stake that has appreciated meaningfully since the Computex announcement.
Marvell’s core play is data center networking and custom AI silicon. In May 2026, the company unveiled what it calls the industry’s first 102.4 Tbps AI/cloud switch. The company also picked up Polariton Technologies in April 2026 and Celestial AI, both moves designed to expand its capabilities in advanced networking and optical interconnects.
The revenue math and the trillion-dollar question
