Huang Renxun Calls for Single Stock Trading, Marvell Surges Over 26% in Pre-market Trading, Still Has Fivefold Upside to Reach Trillion-dollar Goal

BlockBeats News, June 2nd, according to Bitget market data, Huang Renxun called out Marvell (MRVL) for a pre-market long position, causing the stock to surge over 26%. Currently, it is up by 21.7%, with the stock price surpassing $265, putting the market cap at over $200 billion. This is still five times away from Huang Renxun's trillion-dollar target.

Marvell CEO Matt Murphy delivered a keynote today at the Taipei Nangang Exhibition Center with the theme "The Future of AI Depends on Connectivity," where Huang Renxun appeared as a special guest. During the event, Huang Renxun publicly stated that Marvell will become the "next trillion-dollar company", emphasizing Marvell's critical 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.