By Yuvraj Malik
Publication Date: 2026-06-02 05:37:00
Nvidia CEO Jensen Huang made the comment at the Computex conference.
Marvell, which sells networking components, has received high interest in recent months amid the AI data center boom.
In March, Nvidia announced a $2 billion investment in Marvell.
Marvell Technology shares rocketed 17% in overnight trading after Nvidia CEO Jensen Huang endorsed it as the “next trillion-dollar company” at the Computex conference in Taipei, Taiwan, on Tuesday.
Huang made the remark during an onstage conversation with Marvell CEO Matthew Murphy, shortly after Murphy concluded a presentation showcasing his company’s latest technologies.
To be sure, the comment was made in a lighthearted tone as Huang responded to Murphy’s congratulations on Nvidia’s slate of announcements during the opening day of Computex. Nonetheless, traders and online market observers viewed it as a strong endorsement of Marvell.
Retail Trader View On MRVL
MRVL emerged as the top most-discussed stock on Stocktwits around 1 am ET on Tuesday, with an ‘extremely bullish’ retail sentiment and ‘extremely high’ message volume.
Traders widely reposted Huang’s endorsement as a bullish signal for the stock, though some questioned whether the sharp gains were justified. “$MRVL This is kind of insane overnight pricing,” a trader said.
