AIThe Motley Foolabout 3 hours ago
Nvidia CEO Jensen Huang predicts Marvell could reach $1 trillion market cap
1 min read
Jensen Huang says Marvell could reach $1 trillion market cap due to AI-driven memory chip demand. Marvell's market cap is currently $253 billion and surged 33% on June 2 after Huang's remarks at COMPUTEX Taipei. Memory shortages in AI data centers are fueling demand for chips with higher bandwidth and capacity, benefiting memory suppliers including Samsung, SK Hynix, and Micron.
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