Key Points
Nvidia CEO Jensen Huang announced at Computex 2026 on June 2 that he believes Marvell could become “the next trillion-dollar company.” Following his statement, Marvell’s stock surged significantly. The current market capitalization of Marvell is approximately $275 billion, demonstrating considerable growth potential but still a substantial distance from the trillion-dollar milestone.
The partnership between Nvidia and Marvell, established in March, includes a $2 billion investment from Nvidia for developing advanced AI infrastructure. Marvell reported a 42% annual revenue increase to nearly $8.2 billion for fiscal 2026, with projections indicating continued growth in both its data center and interconnect business for the current fiscal year.
As of June 3, Marvell’s trailing P/E ratio is over 100, and its stock has risen 274% year-to-date. While the outlook is promising due to the Nvidia partnership, potential investors should consider risks such as heavy customer concentration and recent insider selling.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
