Huoxing Finance reports that on June 2, Marvell CEO Matt Murphy delivered a keynote titled “The Future of AI Depends on Connectivity” at the Nangang Exhibition Center in Taipei, with Jensen Huang appearing as a special guest on stage. During the event, Huang publicly stated that Marvell will become “the next trillion-dollar company,” emphasizing Marvell’s critical role in AI data center connectivity, optical interconnects, custom silicon (XPU), and the NVLink Fusion ecosystem, noting that connectivity is becoming the next major bottleneck in AI infrastructure. Following the announcement, MRVL surged 12–16% in pre-market and after-hours trading, with its market cap rapidly approaching $200 billion. On Trade.xyz, MRVL briefly reached $275.50 and is currently quoted at $257, up 25.27% over the past 24 hours.
Jensen Huang stated that Marvell will become the next trillion-dollar market cap company, causing MRVL to surge nearly 30% in the short term.
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Summary
On June 2, Marvell CEO Matt Murphy spoke at the Taipei Nangang Exhibition Hall, with Jensen Huang noting that Marvell could become the next trillion-dollar company. The firm is positioned in AI data centers, optical interconnects, and the NVLink Fusion ecosystem. MRVL surged 12–16% in pre-market and after-hours trading, recording a 24-hour gain of 25.27%. Altcoins to watch may include those linked to AI infrastructure. On-chain data shows strong buying pressure ahead of the event.
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