Marvell shares jump about 25% premarket after Nvidia's Huang calls it a potential next trillion-dollar company
Marvell shares rose about 25% in premarket trading on June 2, 2026, after Nvidia CEO Jensen Huang shared a Computex stage in Taipei with Marvell CEO Matt Murphy and said the company could be the next trillion-dollar company. Before the jump, the stock was valued at about $192 billion and up roughly 158% for the year. The move reflected investor enthusiasm about connectivity demand, and Nvidia's earlier $2 billion investment in Marvell was part of the backdrop.
- Shares up about 25% in premarket trading on June 2, 2026
- Market value about $192 billion before the move
- Stock up roughly 158% year to date before the move
- Huang shared the Computex stage with Murphy; Nvidia invested $2 billion in March
MRVL around the story · hourly24 h reaction ▲ 8.43%
Moves this explains
COHR+17.49%Jun 1 · Rose about 17.5% as optical stocks surged after Nvidia CEO Jensen Huang, at Marvell's Computex keynote, praised Marvell and talked up optics for AI data-center scale-up and scale-out.GLW+11.39%Jun 1 · Rose about 10.7% as optical and fiber stocks rallied after Nvidia CEO Jensen Huang, at Marvell's Computex keynote, said to use optics wherever you must and copper wherever you can.MRVL+45.08%Jun 1 · Jumped about 45% after Nvidia CEO Jensen Huang called Marvell a potential next trillion-dollar company.Source
The Next WebJun 2, 2026