# Nvidia's CEO crowns Marvell the next trillion-dollar company — buy the AI chip breakout

_AI-generated trading idea · LONG · AVGO, MRVL_

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-crowns-marvell-the-next-trillion-dollar-company--b96211f2-a93d-4350-ad70-9e0a26bf96de

Nvidia's CEO Jensen Huang went on stage at a major tech conference and publicly said Marvell Technology will become a trillion-dollar company. The stock surged 18%, and separately, Alphabet announced $80 billion in new AI spending — which benefits custom chipmakers like Marvell and Broadcom.

## Idea

When the most powerful person in AI — Nvidia's Jensen Huang — publicly endorses a company as the 'next trillion-dollar company' on stage at Computex, the market pays attention. Marvell designs custom AI chips for cloud giants, so it's directly in the spending path of Alphabet's newly announced $80 billion AI investment. The dual catalyst (Huang's endorsement + Alphabet spending) is rare. Marvell is already up 18% in a single session, but when a credible new valuation target like $1 trillion gets planted in investors' minds, the stock often keeps climbing as analysts scramble to update their price targets. Broadcom (AVGO) is a sister play on the same trend.

## Key details

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

## Community

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## News sources

- [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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