Nvidia’s CEO thinks this company could hit $1trn! Should I add it to my list of stocks to buy?

I already have low-risk exposure to the US market through various ETFs, so I don’t usually consider individual companies when looking for stocks to buy.

But this week, Nvidia CEO Jensen Huang tipped Marvell Technologies (NASDAQ: MRVL) to be “the next trillion-dollar company“. The endoresment prompted the stock to surge 20% on Tuesday (2 June 2026).

That’s no small development, and one I couldn’t help taking a closer look at.

Why the endorsement?

I’ve always thought of Marvell as a competitor to Nvidia, which makes the endorsement all the more interesting. But of course, there’s more to the story.

Huang’s comment comes on top of a strategic $2bn partnership that effectively makes Marvell a core part of Nvidia’s AI ‘factory’ stack.

What it provides are custom accelerators and high‑speed networking that moves data around data centres rather than doing the actual model training. Huang says these interconnect and connectivity chips are now critical because AI systems rely on thousands of processors talking to each other at very high speed.

In other words, if GPUs are the brains of AI, Marvell is developing the nervous system that links them.

How are the numbers looking?

Marvell’s recent results certainly don’t disappoint. In its Q4 2026 results, it reported record revenue of about $2.22bn, slightly ahead of expectations. Data centre sales reached $1.65, up more than 20% year on year.

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