Huang Renxun Mentions "Marvell as the Next Trillion-Dollar Company": MRVL Stock Price Rises to $236 Billion, On-chain Transaction Volume Surpasses $88 Million

BlockBeats News, June 2nd, according to Hyperinsight monitoring, MRVL (Marvell Technology) continued to rise by 7.4% in the pre-market trading of the U.S. stock market, with the high reaching $276. The current stock price corresponds to a market value of approximately $236.2 billion (around $270 per share). Hyperliquid platform trading volume surged simultaneously, with a 24-hour trading volume of $88.75 million, open interest of $63 million, and a 24-hour increase of 33%.

MRVL has been on a continuous rise since 9:00 PM yesterday. On the news front, the company previously launched a high-capacity switching chip designed for AI data center networks. Today's main drive for the price increase came from an announcement by Huang Renxun at the Taipei International Computer Show (COMPUTEX) stating that "Marvell will become the next trillion-dollar company."

According to the official schedule, this year's COMPUTEX will be held from June 2nd (Tuesday) to June 5th (Friday), 2026, lasting for 4 days. Around 10:30 AM today (Marvell's keynote speech session), Huang Renxun took the stage as a surprise guest and had a 10-minute discussion with Marvell's CEO.

If we calculate based on Huang Renxun's statement of a trillion-dollar market cap, the corresponding stock price would need to reach around $1143, which is 3.23 times the current $274, in order to achieve this goal.