AIThe Motley Fool5 days ago
Jensen Huang Endorses Marvell as Next Trillion-Dollar AI Chip Stock
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Nvidia CEO Jensen Huang called Marvell Technology the next trillion-dollar company at Computex. Marvell shares jumped 32% in one day then plunged 16% in a sector sell-off. The chip designer's data center revenue hit 76% of sales in fiscal Q1 2027, with total fiscal 2026 revenue of $8.2 billion up 42% year over year.
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