US Stock Market Move | Marvell Technology, Inc. (MRVL.US) opened with a sharp increase of over 20%. Huang Renxun is optimistic that it will be the next trillion-dollar company.

On Tuesday, Marvell Technology, Inc. (MRVL.US) opened with a surge of over 20%, hitting a new all-time high and rising 211% for the year. On the news front, as the 2026 Taipei Computex entered its second day, NVIDIA Corporation (NVDA.US) CEO Jensen Huang publicly endorsed partner Marvell Technology, Inc., saying it could become the "next trillion-dollar company" and pushing their strategic partnership to the forefront. Huang linked Marvell's core position in AI data center interconnects with the explosive growth in AI computing demand, and revealed that NVIDIA Corporation has made a strategic investment in Marvell. CEO Murphy responded that Marvell's stock has performed well since NVIDIA Corporation's investment: "Thanks, Jensen, we'll just keep following along." The joint appearance of the two CEOs further confirms the deep relationship between NVIDIA Corporation and Marvell in the data center infrastructure sector, and raises higher expectations from the outside world for Marvell's benefits in the AI supercomputing cycle.