Nvidia CEO Jensen Huang predicts Marvell Technology could reach trillion-dollar valuation; stock surges 25%
By
Sawdah Bhaimiya
Crackling crust, pillowy middle. The kind of bagel that earns a second cup of coffee.
Summary
Nvidia CEO Jensen Huang stated that Marvell Technology could become the next trillion-dollar company, praising its networking and connectivity chips as essential for modern data centers that distribute computing tasks across thousands of connected chips. Following Huang's remarks, Marvell's stock jumped 25% in early market trading.
Key quotes
· 3 pulledMarvell is set to be the 'next trillion-dollar company,' Huang said.
When you take a computing problem, and you disaggregate it into a lot of parts, and you distribute it across the entire data center, what's necessary is connectivity.
That's the reason why Matt's doing so well. That's the reason why Marvel is so essenti
You might also wanna read
Nvidia Reaches $5 Trillion Market Valuation, Becoming First Company to Hit Milestone
Nvidia has become the world's first company to reach a $5 trillion market valuation, with shares rising to over $211. The chipmaker achieved
The Verge·7mo ago
Nvidia CEO Confirms Up to $100 Billion OpenAI Investment, Denies Unhappiness Reports
Nvidia CEO Jensen Huang denied reports of being unhappy with OpenAI and confirmed the chip giant's planned investment in the AI startup will
cnbc.com·4mo ago
Nvidia CEO Denies Unhappiness with OpenAI, Confirms Planned Investment
Nvidia CEO Jensen Huang denies reports that he is unhappy with OpenAI and confirms that Nvidia still plans to make a significant investment
The Verge·4mo ago
Analysis of NVIDIA's Q3 2026 Earnings: Beyond the "Virtuous Cycle of AI" Headlines
The article provides an in-depth analysis of NVIDIA's Q3 Fiscal 2026 earnings report, examining the company's financial performance beyond s
Nvidia Reports 56% Sales Growth Fueled by Strong AI Chip Demand
Nvidia reported a 56% increase in sales, driven by strong demand for its AI chips, making it the world's most valuable public company. The c
nytimes.com·9mo ago
Nvidia CEO Jensen Huang Advocates for AI Infrastructure Investment to Bring Manufacturing Jobs Back to America
Nvidia CEO Jensen Huang advocates for bringing manufacturing jobs back to America by requiring companies to build AI infrastructure domestic
barchart.com·5mo ago