Will This Jensen Huang-Endorsed AI Chip Stock Be the Next Trillion-Dollar Company?
This chipmaker's stock has already more than tripled in 2026 alone, and reaching a trillion-dollar market value would require it to more than quadruple from here.
Will This Jensen Huang-Endorsed AI Chip Stock Be the Next Trillion-Dollar Company?
Overview
"The next trillion-dollar company, ladies and gentlemen," said Nvidia CEO Jensen Huang of Marvell Technology (NASDAQ: MRVL), turning to Marvell's CEO during an onstage appearance at the Computex conference in Taipei last week. The endorsement, from arguably the most influential figure in artificial intelligence (AI), set off one of the most dramatic stretches the chip designer's stock has ever seen.
The day after Huang's remark, Marvell shares jumped about 32% (the biggest one-day gain in the company's history) and climbed to a record high by Thursday. Then the mood flipped. In a sectorwide sell-off on Friday, the stock plunged about 16% -- the worst drop among large chip names. On Monday, it bounced back toward $300 after news that Marvell will join the S&P 500 later this month. But it's falling sharply again on Tuesday, down more than 11% as of this writing. Even after this whipsawing, the stock has more than tripled in 2026 alone, leaving its gain far ahead of the S&P 500.
Details
So, could Marvell's market capitalization really soar from $225 billion to $1 trillion? And is the growth stock a buy after such a wild week?
Source
Originally published at www.fool.com.
