# Nvidia's CEO just crowned Marvell the next trillion-dollar chipmaker — ride the stampede

_AI-generated trading idea · LONG · AVGO, MRVL_

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-just-crowned-marvell-the-next-trillion-dollar-c--3be2d9aa-45eb-4632-96b5-2d8433ccf35b

Nvidia CEO Jensen Huang publicly endorsed Marvell Technology at a major tech conference, saying it will become a trillion-dollar company. The stock surged roughly 18-19% on the day as a result.

## Idea

When the most influential person in the AI chip industry — Nvidia's Jensen Huang — publicly says a company will reach a trillion-dollar valuation, the market pays attention. This isn't a vague rumor; it was stated on stage at Computex, one of the biggest tech trade shows, alongside Marvell's own CEO. The endorsement effectively gives institutional investors 'permission' to buy. Broadcom also rallied 6% the same day on Alphabet's $80B AI spending commitment, confirming that the entire AI chip supply chain is in a strong uptrend. Marvell could see continued buying as fund managers who missed the initial move look to get in on any pullback.

## Key details

- Symbols: AVGO, MRVL
- Timeframes: 1D
- Tags: \#ai\_chips, \#momentum, \#analyst\_endorsement

## Community

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## News sources

- [HPE Rises on Sales Outlook; Victoria's Secret Soars on Profit Beat \| Stock Movers](https://www.bloomberg.com/news/videos/2026-06-02/hpe-rises-on-sales-outlook-victoria-s-secret-soars-on-profit-beat-stock-movers) — Bloomberg
- [Marvell stock soars as Nvidia CEO calls chipmaker 'the next trillion-dollar company'](https://finance.yahoo.com/markets/article/marvell-stock-soars-as-nvidia-ceo-calls-chipmaker-the-next-trillion-dollar-company-130932917.html) — Yahoo Finance
- [Broadcom Jumps 6% on Alphabet $80B AI Raise, Marvell Soars 18% on Jensen Huang's $1T Endorsement](https://finance.yahoo.com/markets/stocks/articles/broadcom-jumps-6-alphabet-80b-132541999.html) — Yahoo Finance

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