After a 32% pop as Nvidia CEO urges chipmaker 'the next trillion-dollar company', Marvell stock extends gains
Corroborated by 6 sources from 6 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, marvell stock extends gains after a 32% pop as Nvidia CEO calls chipmaker 'the next trillion-dollar company' What happened: Marvell Technology (MRVL) shares extended their gains another 10% in Wednesday's premarket trading after surging 32% in the previous session, fueled by comments from Nvidia (NVDA) CEO Jensen Huang, who described the custom chipmaker as "the next trillion-dollar company." What’s behind the move: Huang’s comments made at Computex week in Taipei sent Marvell stock soaring as he appeared onstage alongside Marvell CEO Matt Murphy.
Sources
1
Investing.com News
https://www.investing.com/news/insider-trading-news/marvell-technology-president--coo-koopmans-sells-206m-in-stock-93CH-4720712
2
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/marvell-technology-surges-nvidias-huang-084424457.html
3
Investing.com News
https://www.investing.com/news/stock-market-news/marvell-rallies-22-after-nvidia-ceo-labels-firm-next-trilliondollar-company-4721060
4
Bloomberg Technology
https://www.bloomberg.com/news/articles/2026-06-02/marvell-surges-after-huang-calls-it-the-next-1-trillion-company
5
Forbes Business
https://www.forbes.com/sites/siladityaray/2026/06/02/marvell-shares-soar-in-premarket-after-nvidias-jensen-anoints-them-as-next-trillion-dollar-company
6
Yahoo Finance News
https://finance.yahoo.com/markets/article/marvell-stock-soars-as-nvidia-ceo-calls-chipmaker-the-next-trillion-dollar-company-130932917.html
7
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/article/marvell-stock-soars-as-nvidia-ceo-calls-chipmaker-the-next-trillion-dollar-company-130932917.html
8
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/article/marvell-stock-extends-gains-after-a-32-pop-as-nvidia-ceo-calls-chipmaker-the-next-trillion-dollar-company-130932583.html
9
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/marvell-technology-surges-nvidia-ceo-153900147.html
10
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/marvell-stock-265-1-shares-161200751.html
11
CNBC 100004038
https://www.cnbc.com/video/2026/06/02/marvell-will-benefit-from-the-ai-build-out-says-clough-capitals-vince-lorusso.html
12
Yahoo Finance News
https://www.investors.com/news/technology/marvell-stock-mrvl-nvidia-endorsement-computex-2026?src=A00220&yptr=yahoo