Marvell Technology Group Ltd is trading 24.9% up at $274.03 after Nvidia CEO Jensen Huang endorsed the firm as the potential next trillion-dollar company.
- During the Computex conference in Taipei, Huang appeared on stage with Marvell’s CEO to highlight the company's significant role in the evolving AI landscape.
- The high-profile comments have sparked intense AI-related optimism and heavy buying interest, leading the stock to surge despite modest moves in the broader market.