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Marvell Shares Surge After Nvidia CEO's Prediction
Originally published Jun 2, 2026
By Amy Thomson, Subrat Patnaik · Bloomberg — Technology
AI-generated summary based on Bloomberg — Technology · Aggregated by OffScreenSpace · Human-reviewed and approved on Jun 2, 2026
Key points
- Marvell Technology Inc. shares surged the most in 26 years.
- Nvidia CEO Jensen Huang predicted Marvell would reach a $1 trillion valuation.
- The stock's rise was attributed to Huang's optimistic outlook.
Marvell Technology Inc. shares rose significantly after Nvidia Corp.'s Jensen Huang predicted the company would reach a $1 trillion valuation. The stock's performance marked its largest gain in 26 years. Huang's comment highlighted expectations for Marvell's future growth.
Read the original story: Bloomberg — Technology