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The Economic Times
The Economic Times
Shreya Biswas

Nvidia CEO Jensen Huang's bold prediction sends Marvell stock (MRVL) rallying 29% today - here's what he said

Jensen Huang Marvell Nvidia Marvel MRVL CNBC Marvell Technology

Marvell (MRVL) stock rally after Nvidia CEO Jensen Huang's prediction : Marvell Technology (MRVL) captured Wall Street's attention on Tuesday after its stock surged more than 29% following a major endorsement from Nvidia CEO Jensen Huang.

Speaking alongside Marvell CEO Matthew Murphy during Computex Week in Taipei, Huang described Marvell as a company that could eventually be the “next trillion-dollar company,” as per a report. The comments immediately boosted investor enthusiasm and helped drive a sharp rally in Marvell shares.

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