#semiconductors Tech News.

Nvidia CEO Jensen Huang declared Marvell the next $1 trillion company at Computex 2026. The announcement follows a $2 billion investment from Nvidia into Marvell and a partnership on NVLink Fusion, optical interconnects, and silicon photonics. Marvell's market cap is currently near $275 billion with a trailing P/E over 100 and enterprise value 55 times EBITDA. The stock has risen 274% year to date and is trading at a premium.

Taiwan Semiconductor Manufacturing reports second-quarter 2026 earnings on July 15. First-quarter revenue reached $35.9 billion, up 35% year over year. Gross margin expanded to 66.2%. The company expects full-year revenue growth of over 30%. Shares trade at a forward P/E of 27 and price-to-sales ratio of 17.5. A revenue slowdown in May could prompt a stock decline, creating a buying opportunity for long-term investors.

Broadcom's stock falls 7.49% to $387.52 after failing to raise AI revenue guidance. Revenue reached $22.19 billion in Q2, AI bookings exceeded $30 billion, and gross margin stood at 65.66%. Investors expect rapid conversion of AI chip bookings to revenue to meet a $100 billion AI revenue target by fiscal 2027. The stock's volume surged to 50.3 million shares, 95% above average.

Broadcom misses expectations causing a selloff in US-traded chipmakers. Nvidia drops 6.19%, Micron falls 13.25%, AMD declines 10.86%, and Broadcom drops 7.92%. The market reaction reflects investor concern over semiconductor demand. The drop occurs amid no new product announcements or guidance updates.