Jensen Huang Says Marvell Technology Is the Next Trillion-Dollar Company. How Quickly Can It Get There?
https://www.fool.com/investing/2026/06/15/jensen-huang-says-marvell-technology-is-the-next-t/
Publish Date: 2026-06-15 11:31:00
Source Domain: www.fool.com
Nvidia CEO Jensen Huang is a bit of a visionary these days. When he speaks, people don’t just notice, but they make investment decisions based on his words. That’s why when he recently said Marvell Technology (MRVL +5.60%) would be worth $1 trillion one day, investors were quick to buy up shares in the chip company.
Marvell is nowhere near a $1 trillion valuation today, as its market cap is closer to $250 billion. If Huang’s projection proves to be correct, however, you could generate a 4x return if you were to invest in Marvell’s stock right now. But just how quickly could it really be for the company to soar to such a lofty valuation?
Image source: Getty Images.
Marvell’s valuation looks pricey right now
In just the past month, shares of Marvell have spiked more than 60%, as Huang’s encouraging words definitely put the tech stock on the radar of many investors. The problem, however, is that this has also resulted in a much higher valuation for the stock, raising questions about how high a premium investors will be willing to pay for Marvell.
Currently, its price-to-earnings (P/E) ratio is at 100. Even based on analysts’ projections for the year ahead, its forward P/E multiple is still fairly high at around 70. What this means is that investors are effectively buying the stock based on where they think the company may be in a few years, assuming it will have achieved significant growth along the way. If you’re investing in the stock today and think it’s a good deal, given its inflated valuation, you may need to be fairly certain it’ll do well over the next five-plus years. That’s a big ask.
Today’s Change
(5.60%) $15.66
Current Price
$295.36
Key Data Points
Market Cap
$245B
Day’s Range
$288.11 – $302.33
52wk Range
$61.44 – $324.20
Volume
907.8K
Avg Vol
34.6M
Gross Margin
50.64%
Dividend Yield
0.09%
When might Marvell reach $1 trillion in market cap?
Given how quickly stocks have been rising, referring to Marvell as the next company to reach $1 trillion suggests that Huang…
