Hock Tan Says Marvell Will Become the "Next Trillion-Dollar Market Cap Company," MRVL Surges Nearly 30% in Short Time

BlockBeats News, June 2nd, Marvell CEO Matt Murphy today delivered a keynote speech titled 《The Future of AI Depends on Connectivity》 at the Taipei Nangang Exhibition Center, where Huang Renxun made a special appearance as a guest.

During the event, Huang Renxun publicly stated that Marvell will become "the next trillion-dollar company" and emphasized Marvell's key role in AI data center connectivity, optical interconnect, custom silicon (XPU), and the NVLink Fusion ecosystem. He believes that connectivity is becoming the next major bottleneck in AI infrastructure.

After the event, MRVL surged 12-16% in pre-market/after-hours trading, rapidly approaching a market capitalization of $200 billion. On Trade.xyz, MRVL reached $275.5 at one point and is currently trading at $257, representing a 24-hour increase of 25.27%.