Old Huang in one sentence—Marvell jumped straight up 32%. The AI interconnection track really looks like real money.

According to a report by Coin World, Marvell Technology Inc.’s stock price rose 32% to close at $290.31 after NVIDIA CEO Huang Renxun said it could be the potential next $1 trillion company. This rally made Marvell one of the strongest-performing companies among large technology stocks and sparked interest in companies providing AI data center hardware. After the surge, Marvell’s market capitalization reached approximately $249 billion. The company expects that its AI interconnect revenue in fiscal year 2027 will grow by more than 70%. Analysts predict that Marvell’s optical networking revenue could grow by as much as 90% this year and next.