Marvell Surges 24% After Nvidia CEO's Trillion-Dollar Endorsement

On June 2 2026 Marvell shares jumped more than 24% in pre-market trading after Nvidia CEO Jensen Huang called the company the next potential trillion-dollar firm at Computex. The surge lifted Marvell’s market capitalization to roughly $240 billion while Nvidia shares also advanced. Huang’s remarks underscored surging AI-infrastructure demand and referenced Nvidia’s $2 billion strategic investment and silicon-photonics partnership with Marvell announced at the end of March. Nvidia itself now exceeds a $5 trillion valuation having first crossed $1 trillion in June 2023.