{"id":267,"date":"2026-06-02T11:43:04","date_gmt":"2026-06-02T11:43:04","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=267"},"modified":"2026-06-02T11:43:04","modified_gmt":"2026-06-02T11:43:04","slug":"marvell-shares-soar-after-nvidias-jensen-calls-it-next-trillion-dollar-company","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=267","title":{"rendered":"Marvell Shares Soar After Nvidia\u2019s Jensen Calls It \u2018Next Trillion Dollar Company\u2019"},"content":{"rendered":"<div>\n<h2>How Has Marvell\u2019s Stock Price Been Impacted?<\/h2>\n<p>Marvell\u2019s stock price surged more than 25% in premarket Tuesday, to $274. The overnight surge follows a 7% rise in the stock\u2019s price on Monday. Marvell\u2019s stock price is up more than 158% since the start of the year. The company\u2019s market cap breached $100 billion for the first time in December 2024, and it stood at $191.96 at market close Monday.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=265\">When Is Summer Solstice? The Longest Day Of The Year And What It Means<\/a><\/p>\n<h2>Tangent<\/h2>\n<p>Huang made another appearance at a Computex keynote on Tuesday, when he was invited on stage by the CEO of the semiconductor giant ARM Holdings Rene Haas. On Monday, Nvidia revealed its first fully integrated chip made for Windows laptops and desktops, the RTX Spark, which uses a CPU based on ARM\u2019s chips and is capable of running \u201cpersonal AI agents,\u201d marking the company\u2019s first attempt to build a fully integrated consumer chip. When Haas congratulated him on the launch of RTX Spark, the Nvidia CEO quipped, \u201cI announce a product. Look at his stock price. Every product I announce, his stock price goes up. Nothing happens to mine.\u201d ARM\u2019s shares rose 15.73% to $408.85 on Monday following the RTX Spark announcement.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=263\">The \u2018Blaze Star\u2019 May Be Days Away From Erupting Into View<\/a><\/p>\n<h2>Key Background<\/h2>\n<p>The RTX Spark announcement was followed by Nvidia\u2019s best trading day since February as its stock rose 6.26% to $224. The RTX Spark is a cut-down version of the chips used on Nvidia\u2019s AI supercomputers and the company claimed it will be able to run powerful local AI agents, along with popular games and productivity software on Microsoft Windows. Nvidia has been making consumer laptops and desktop GPUs for decades, but unlike the RTX Spark\u2014which uses the AI giant\u2019s own custom-made CPU designed in collaboration with MediaTek\u2014those computers had to be paired with either an Intel or AMD CPU. The Spark\u2019s launch will allow Nvidia to take on rivals like Qualcomm, Apple, Intel and AMD.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=261\">Bitcoin Falls Below $70,000 For The First Time Since April<\/a><\/p>\n<div><\/div>\n<h2>Further Reading<\/h2>\n<p>Nvidia Has Best Trading Day In Months After Revealing New Laptop Chip (Forbes)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>During a keynote at the Computex trade show in Taipei, Nvidia CEO Jensen Huang touted networking chipmaker Marvell as the next trillion-dollar company.<\/p>\n","protected":false},"author":1,"featured_media":266,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marvell Shares Soar After Nvidia\u2019s Jensen Calls It \u2018Next Trillion Dollar Company\u2019 - 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