NVIDIA’s Huang Predicts Marvell to Become the Next Trillion-Dollar Company; MRVL Surges 30%

KuCoinFlash

Release Time: 06/02/2026 05:34:32

Summary

AI and crypto news broke when NVIDIA’s Jensen Huang named Marvell the next trillion-dollar company during a June 2 event in Taipei. Huang highlighted Marvell’s contributions to AI data centers, optical interconnects, and the NVLink Fusion ecosystem. On-chain data shows MRVL surged 12–16% in pre-market and after-hours trading, peaking at $275.5 on Trade.xyz. The stock is now trading at $257, up 25.27% in the past 24 hours.

BlockBeats news, 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 Renxun 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 event, MRVL surged 12–16% in pre-market and after-hours trading, rapidly approaching a $200 billion market cap. On Trade.xyz, MRVL briefly reached $275.50 and is currently quoted at $257, up 25.27% over the past 24 hours.

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