California-based chipmaker's stock jumps 20% as Nvidia CEO praises firm on stage
Marvell Technology's stock rose over 20% after Nvidia CEO Jensen Huang praised the company's connectivity solutions for AI systems. Huang suggested Marvell could become the next trillion-dollar company due to its essential role in data center infrastructure.
Why it matters
The endorsement highlights the critical importance of networking and connectivity hardware in the ongoing AI infrastructure boom.
California-based chipmaker s stock jumps 20% as Nvidia CEO Jensen Huang tells CEO on stage: Reason why Matt s doing … - The Times of India
The article reports on market movements and public statements by industry leaders without editorializing.
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