Marvell

Nvidia CEO Jensen Huang has labeled Marvell the next trillion-dollar company, following a partnership that includes a $2 billion investment from Nvidia. The announcement has led to a surge in Marvell's stock.

Nvidia-backed photonics vendor Coherent plans to quadruple indium phosphide (InP) wafer production at its Sherman, Texas, facility to meet rising AI interconnect demand. The expansion, funded by $650 million including Nvidia's $2 billion investment and government grants, aims to double the factory's size and create 1,000 jobs. Nvidia has also invested in Lumentum and Marvell to bolster optical component supply chains for AI systems.

Adobe’s CFO is departing for Marvell, which is cited as a reason for investors to prioritize chips over software. The software sector is struggling amid concerns about surviving in the AI era.

The Nasdaq Composite dropped over 4% by midday before recovering to close down 1%, driven by a sell-off in tech stocks like Marvell, MSTR, and the 'Parabolic 7' chipmakers. Investors rotated into consumer staples such as Smucker, Home Depot, and Sherwin-Williams, signaling a shift away from AI-linked tech trades amid anticipation of SpaceX's IPO and upcoming inflation data.

Marvell and Micron shares declined as the chip sector experienced its worst day in six years. Investors are reducing enthusiasm for momentum stocks amid a strong jobs report.

The S&P 500 is set to rebalance quarterly, with Marvell, Reddit, and a mortgage company potentially joining the index. The article highlights these three as possible additions during the next update.

Marvell is likely to be added to the S&P 500 following a significant stock surge. The S&P 500 changes are expected to be announced on Friday, with Marvell now larger than the next-largest eligible contender.

Micron, Marvell, and Broadcom led declines among U.S. chipmakers in premarket trading. The drop followed disappointing earnings results from Broadcom.

Marvell CEO Matt Murphy and Nvidia CEO Jensen Huang predict the shift from copper interconnects to silicon photonics will revolutionize datacenters, potentially making Marvell a trillion-dollar company. Marvell has acquired Inphi and Celestial AI to advance its optical interconnect technology, with Nvidia investing $2 billion to support this transition.

Marvell's stock is experiencing a significant rise, with the company now ranked No. 22 in the S&P 500. It holds a $269 billion market capitalization exceeding those of PepsiCo and T-Mobile.

Lumentum, Coherent, and other optical component providers are experiencing significant stock gains. Nvidia CEO Jensen Huang's positive remarks about Marvell have generated broad enthusiasm for the optical components sector.

Marvell unveiled a 102.4 Tbps AI-focused switch silicon, Teralynx T100, at COMPUTEX 2026, touting 25% lower power consumption and reduced latency compared to competitors. Nvidia CEO Jensen Huang praised Marvell as a potential 'next trillion-dollar company,' while noting its strategic partnership with Nvidia. Despite competitors like Broadcom and Cisco already offering similar products, Marvell's stock surged 24% pre-market following Huang's endorsement.

Marvell shares are rising after Nvidia's Jensen Huang stated it would become the next trillion-dollar company. Jim Cramer highlighted this development as one of his top stock market observations for Tuesday.

Nvidia's CEO, Jensen Huang, praised Marvell as a potential trillion-dollar company, leading to a 25% stock price increase. The endorsement caused sharp rises in Marvell's shares during early market trading.

Nvidia CEO Jensen Huang praised Marvell's role in artificial intelligence development, stating the company could join the trillion-dollar club. Marvell's stock surged following the comment.