{"id":262120,"date":"2026-06-02T11:57:00","date_gmt":"2026-06-02T15:57:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/02\/nvidias-jensen-huang-just-gave-marvell-technology-a-huge-boost\/"},"modified":"2026-06-02T12:10:11","modified_gmt":"2026-06-02T16:10:11","slug":"nvidias-jensen-huang-just-gave-marvell-technology-a-huge-boost","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/02\/nvidias-jensen-huang-just-gave-marvell-technology-a-huge-boost\/","title":{"rendered":"Nvidia’s Jensen Huang Just Gave Marvell Technology a Huge Boost"},"content":{"rendered":"

Nvidia’s Jensen Huang Just Gave Marvell Technology a Huge Boost<\/a><\/p>\n

https:\/\/www.fool.com\/investing\/2026\/06\/02\/nvidias-jensen-huang-just-gave-marvell-technology-a-huge-boost\/<\/a><\/p>\n

Publish Date: 2026-06-02 11:57:00<\/a><\/p>\n

Source Domain: www.fool.com<\/a><\/p>\n

Nvidia <\/strong>(NVDA +0.46%<\/span>)<\/span> CEO Jensen Huang isn\u2019t afraid to make bold statements, and his bravado and vision have served the company well. Nvidia has become the largest publicly traded company in the world by market cap, with a valuation exceeding $5 trillion.<\/p>\n

Obviously, Huang knows what it takes to get a company to the $1 trillion mark, and now he\u2019s identified a fellow chipmaker with a market cap of less than $200 billion to hit that mark.<\/p>\n

Here\u2019s what he said about Marvell Technology<\/strong> (MRVL +28.77%<\/span>)<\/span>.<\/p>\n

Image source: The Motley Fool.<\/p>\n

\u2018The next trillion-dollar company\u2019<\/h2>\n

Huang gave Marvell his endorsement on Tuesday at the Computex trade show in Taipei, as he joined Marvell CEO Matthew Murphy on stage. \u201cThe next trillion-dollar company, ladies and gentlemen,\u201d Huang said. <\/p>\n

At the time, Marvell had a market cap of $191 billion, but Huang\u2019s bold comment had an immediate impact. At the time of this writing, Marvell stock was up 27% in morning trading, and the company\u2019s market cap has jumped to $234 billion. <\/p>\n

\"Marvell<\/p>\n

Today’s Change<\/p>\n

(28.77%) $63.12<\/p>\n

Current Price<\/p>\n

$282.55<\/p>\n

Key Data Points<\/h3>\n

Market Cap<\/p>\n

$192B<\/p>\n

Day’s Range<\/p>\n

$252.43 – $285.00<\/p>\n

52wk Range<\/p>\n

$61.15 – $285.00<\/p>\n

Volume<\/p>\n

2.9M<\/p>\n

Avg Vol<\/p>\n

27.4M<\/p>\n

Gross Margin<\/p>\n

50.64%<\/p>\n

Dividend Yield<\/p>\n

0.11%<\/p>\n

Marvell is known for its high-performance semiconductor products, including data center switches that can route large volumes of traffic. Huang told the audience in Taipei that Marvell\u2019s products are essential as computing tasks are spread across thousands of chips in data centers. \u201cThat\u2019s the reason why Matt\u2019s doing so well. That\u2019s the reason why Marvell is so essential,\u201d Huang said.<\/p>\n

Huang\u2019s interest in Marvell is more than just as a spectator. In March, Nvidia announced plans to invest $2 billion in Marvell and to deepen its partnership with the company to develop silicon photonics and other AI-centric telecommunications infrastructure hardware. Marvell stock jumped 13% the day that news broke, but Huang\u2019s statement at the Computex trade show is…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Nvidia’s Jensen Huang Just Gave Marvell Technology a Huge Boost https:\/\/www.fool.com\/investing\/2026\/06\/02\/nvidias-jensen-huang-just-gave-marvell-technology-a-huge-boost\/ Publish Date: 2026-06-02 11:57:00…<\/p>\n","protected":false},"author":1,"featured_media":262121,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fcdn.content.foolcdn.com%2Fimages%2F1umn9qeh%2Fproduction%2Fd10980ef3b6ef55f1ac4991524d78216c91349b1-1200x800.png%3Fw%3D800%26q%3D75%26fit%3Dmax%26auto%3Dformat&w=1200&op=resize","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-262120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/262120"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=262120"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/262120\/revisions"}],"predecessor-version":[{"id":262122,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/262120\/revisions\/262122"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/262121"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=262120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=262120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=262120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}