Marvell Technology shares saw a significant jump of over 25%. This surge followed Nvidia CEO Jensen Huang's prediction that Marvell could become a trillion-dollar company. Marvell's custom chips are crucial for AI data centres. The company forecasts substantial revenue growth in its custom chips business. This development highlights the growing importance of specialised chips in the AI era.

During a keynote at the Computex trade show in Taipei, Nvidia CEO Jensen Huang touted networking chipmaker Marvell as the next trillion-dollar company.

June 2 : Marvell Technology's shares surged more than 25 per cent on Tuesday after Nvidia's CEO Jensen Huang called the chipmaker the next "trillion-dollar company."Huang and…