Marvell stock surged 29% to a record high after Nvidia CEO Jensen Huang called it the next trillion-dollar company, lifting optical networking stocks sector-wide.

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 24 per cent in premarket trading on Tuesday after Nvidia CEO Jensen Huang called the chipmaker the next "trillion-dollar…