Nvidia's CEO crowns Marvell the next trillion-dollar company — ride the AI chip momentum
Nvidia's CEO publicly called Marvell Technology "the next trillion-dollar company," sending its shares up almost 19%. At the same time, Alphabet announced an $80 billion AI investment, lifting Broadcom 6%.
Idea
When the CEO of Nvidia — the company that defines the AI chip industry — publicly endorses a rival as the next trillion-dollar company, the market pays attention. Marvell surged nearly 19% on the comment, and Broadcom rose 6% on separate news that Alphabet is pouring $80 billion into AI infrastructure. These aren't random spikes; they reflect massive institutional demand flowing into AI-related chipmakers. Momentum in leading stocks tends to persist for days after a catalyst this strong, especially when it comes from a credible industry insider.