When Jensen Huang Speaks, Investors Listen Nvidia CEO Jensen Huang’s public praise for Marvell Technology, calling it a potential “trillion-dollar company,” caused Marvell’s stock to surge nearly 33%. This endorsement follows a $2 billion investment from Nvidia into Marvell, a semiconductor company experiencing significant AI-driven growth. Huang’s influence extends beyond Marvell, as his positive remarks on AI’s impact on the software industry also boosted stock prices, and his past comments have previously caused significant market shifts.

• Nvidia CEO Jensen Huang called Marvell Technology a “next trillion-dollar company.”
• Marvell Technology’s stock increased by almost 33% after Huang’s comments.
• Nvidia previously announced a $2 billion investment in Marvell in March.
• Marvell, which makes semiconductors for data centers, is experiencing AI-driven growth, with revenue up 28% in its recent quarter.
• Huang’s comments alongside Marvell CEO Matt Murphy at a trade show in Taiwan were seen as crucial for the stock’s rise.
• Marvell’s market cap increased to nearly $250 billion from $53 billion last year.
• Huang also recently stated that AI is beneficial for the software industry, increasing software stock prices.
• Previously, Huang’s comments about quantum computing negatively impacted companies in that sector. Continue reading https://www.axios.com/2026/06/03/marvell-jensen-huang-nvidia-ai