Marvell Technology: NVIDIA CEO Jensen Huang Talks About the Next "Trillion-Dollar Company"!
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Nvidia CEO Jensen Huang refers to Marvell Technology at Computex as the next "trillion-dollar company." The stock rises over 20% in pre-market trading. The Teralynx T100 is the industry's first AI-optimized switch with a bandwidth of 102.4 Tbps and up to 25% lower power consumption. Revenue growth is expected to accelerate to 40% in fiscal year 2027 and over 100% in 2028. Marvell Technology (MRVL) sees a pre-market increase of over 24% on June 2. This surge is attributed to statements from NVIDIA CEO Jensen Huang, who described...
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