News

Today, June 2, 2026, a powerful AI-chip surge sent U.S. stocks to fresh records even as Alphabet slipped on a huge stock sale plan.

Wall Street's equity benchmarks hit fresh all-time highs on Tuesday amid gains in the technology sec

Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 29% in the afternoon session after Nvidia CEO Jensen Huang called the company "the next trillion-dollar company" during his keynote at Computex Week in Taipei.

US equity indexes ground higher while crude oil futures jumped as media reports claiming that parts

Advanced Micro Devices (NASDAQ:AMD) executives said demand tied to agentic artificial intelligence is accelerating faster than expected, driving a sharp expansion in the company’s server CPU opportunity and shaping its plans for GPU systems, supply chain commitments and customer engagements. Speaki

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 5.2% in the afternoon session as investors positioned ahead of its fiscal Q2 FY2026 earnings report due after the close on June 3, amplified by independent AI catalysts as Anthropic confidentially filed to go public.

All three indexes have now closed at records five sessions in a row for the first time since February 2017.

The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite rose less than 0.1%. Marvell Technology leaped to its biggest gain on record after Nvidia’s CEO suggested it could be the next company to be worth $1 trillion. The Nasdaq composite rose 7.09 points, or less than 0.1%, to 27,093.90.

US equity indexes traded mixed amid conflicting reports of the status of peace talks between Washing

Tech stocks were higher late Tuesday afternoon, with the State Street Technology Select Sector SPDR

Nvidia Just Sent Marvell Stock Flying With a Trillion-Dollar Forecast

Computex Lights Up AI Chip Stocks as Nvidia and Rivals Push New Plans

US benchmark equity indexes were mostly higher intraday as investors evaluated fresh labor market da

Nvidia CEO Names Marvell the Next Potential $1 Trillion Chip Giant

Huang's remarks crystallized a hierarchy that Wall Street is now pricing in aggressively. "We should use copper as much as we can, for as long as we can, but copper has its limits," he said. "The right strategy is to scale up with copper as long as you can — after that you scale up further with optics, you scale out with optics and you scale across with optics. So you use optics wherever you must, you use copper wherever you can."

US equity indexes ground higher as investors weighed Israel and Hezbollah's response to President Do

Today, June 2, 2026, Nvidia’s Marvell shoutout helped power U.S. stocks higher even as Alphabet’s massive stock-sale plan weighed.

Nvidia (NVDA) CEO Jensen Huang declared Marvell (MRVL) Technology as the next potential trillion-dollar company due to its essential data center connectivity that supports complex AI computing orchestration. This took place at the COMPUTEX 2026 conference on June 2, 2026.

Coherent, Lumentum, and Corning stocks surge Tuesday after Nvidia CEO Jensen Huang talks up optical networking demand.

The custom AI chip and networking components specialist expects its growth to accelerate in the coming years.

All three major US stock indexes were up in late-morning trading Tuesday, as investors monitor devel

On this episode of Stock Movers with Alexis Christoforous: - Victoria's Secret (VSXY) shares are soaring after the lingerie maker, now trading under symbol VSXY, reports profit metrics and net sales for its first quarter that topped expectations, including adjusted operating income that was nearly twice the consensus estimate. Management boosted its annual forecasts. - Hewlett Packard Enterprise (HPE) shares are higher in early trading after the company gave an outlook for annual sales that topped estimates, citing massive growth in AI-fueled demand for its servers and networking. - Marvell Technology (MRVL) is rising after Nvidia Corp.'s Jensen Huang predicted the company will hit a $1 trillion valuation. Huang said Marvell's valuation will soar now that the age of "useful AI has arrived", and was joined by Marvell CEO Matt Murphy on stage at Computex trade show in Taipei.

Huang has lofty expectations for Marvell Technology.

Huang endorsement added over $44 billion in market cap

Marvell Technology Group Ltd. (NASDAQ:MRVL) shares jumped more than 27% on Tuesday after Nvidia CEO Jensen Huang publicly declared the chipmaker could reach a $1 trillion valuation, sending the stock to fresh highs following a blowout earnings report just days earlier. Huang made the remarks...

This is a year of extreme acceleration for Broadcom. The company's engine is its deep, multi-year collaboration to build custom AI chips for just six strategic customers.

Marvell Technology (MRVL) stock has rocketed higher by over 25% after Nvidia (NVDA) CEO Jensen Huang declared the custom chipmaker to be “the next trillion-dollar company" at Computex Taipei 2026. Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma and EMJ Capital founder and president Eric Jackson examine the latest headlines moving stocks in the AI trade landscape. This news comes as Hewlett Packard Enterprise (HPE) shares surge by over 30% in response to the tech company beat past fiscal second quarter estimates on adjusted earnings and revenue.

Nvidia CEO's comments put the spotlight on Marvell's growing role in AI infrastructure.

This AI chip designer's shares jumped to fresh highs Tuesday after a vote of confidence from Nvidia CEO Jensen Huang.

Marvell Technology stock surged on Tuesday after partner Nvidia gave the company a ringing endorsement.