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A Boring Chip ETF Quietly Tripled in Value During the AI Boom
24/7 Wall St.72d agoneutral
A Boring Chip ETF Quietly Tripled in Value During the AI Boom

A share of the SPDR S&P Semiconductor ETF (NYSEARCA:XSD) closed at $226.42 on May 29, 2025. One year later, on May 29, 2026, it closed at $613.05, a 171% gain on a fund that markets itself, accurately, as a boring equal-weight basket of US chip stocks. If you put $10,000 into XSD the morning after ... A Boring Chip ETF Quietly Tripled in Value During the AI Boom

Broadcom Jumps 6% on Alphabet $80B AI Raise, Marvell Soars 18% on Jensen Huang’s $1T Endorsement
24/7 Wall St.72d agobullish
Broadcom Jumps 6% on Alphabet $80B AI Raise, Marvell Soars 18% on Jensen Huang’s $1T Endorsement

Shares of Broadcom (NASDAQ:AVGO) are up 6% in Tuesday’s premarket session, trading near $486 after closing Monday at $459.97. Marvell Technology (NASDAQ:MRVL) stock is up 17% to around $257, marking one of the sharpest single-session moves of the year for the custom-chip merchant. The double pop is being driven by two separate but reinforcing catalysts ... Broadcom Jumps 6% on Alphabet $80B AI Raise, Marvell Soars 18% on Jensen Huang’s $1T Endorsement

Nvidia’s CEO Thinks Marvell Can Become the Next $1 Trillion Stock
Barrons.com72d agoneutral
Nvidia’s CEO Thinks Marvell Can Become the Next $1 Trillion Stock

Marvell Technology stock was surging early Tuesday after getting a big endorsement from Nvidia CEO Jensen Huang, who reckons the chips-and-networking company can achieve a market value of more than $1 trillion. Nvidia’s Huang suggested Marvell’s shares could rise fivefold while speaking at the Computex conference in Taiwan alongside Marvell CEO Matt Murphy. Huang pointed to the need for networking infrastructure to connect data centers to power AI data centers.

Marvell Shares Surge After Nvidia’s Jensen Huang Calls It the Next “Trillion-Dollar Company” (MRVL)
InvestorsHub72d agobullish
Marvell Shares Surge After Nvidia’s Jensen Huang Calls It the Next “Trillion-Dollar Company” (MRVL)

Marvell Technology (NASDAQ:MRVL) shares soared more than 22% in premarket trading on Tuesday after Nvidia Chief Executive Jensen Huang praised the semiconductor company and described it as the next “trillion-dollar company. ” The remarks added to growing investor enthusiasm surrounding Marvell’s role in the rapidly expanding artificial intelligence infrastructure market.

Broadcom Stock Is Getting a Double Boost From Google and Marvell
Barrons.com72d agoneutral
Broadcom Stock Is Getting a Double Boost From Google and Marvell

Two stories were moving markets on Tuesday—Google parent Alphabet unveiled a plan to issue $80 billion of equity, and Nvidia CEO Jensen Huang said Marvell Technology could top a $1 trillion valuation. Both events were giving Broadcom stock a boost. Alphabet’s plan to raise tens of billions of dollars to help pay for its AI infrastructure drew a mixed response from the market, but bodes well for Broadcom.

Stocks to Watch: Alphabet, Marvell, HPE
The Wall Street Journal72d agoneutral
Stocks to Watch: Alphabet, Marvell, HPE

↘️ Alphabet (GOOGL): The stock fell more than 2.5% premarket after the company said it plans to raise $80 billion to help finance AI infrastructure investments. Shares in Berkshire Hathaway (BRK.B), which agreed to buy $10 billion of stock, are little changed ahead of the bell.

Marvell Stock Soars 24%. Why Nvidia CEO Says It Will Hit $1 Trillion.
Barrons.com72d agobullish
Marvell Stock Soars 24%. Why Nvidia CEO Says It Will Hit $1 Trillion.

Marvell Technology stock was surging early Tuesday after getting a big endorsement from Nvidia CEO Jensen Huang, who reckons the chips-and-networking company can achieve a market value of more than $1 trillion. The stock closed up 7% at $219.43 on Monday, giving it a market capitalization of around $192 billion. Nvidia’s Huang suggested Marvell’s shares could rise fivefold while speaking at the Computex conference in Taiwan alongside Marvell CEO Matt Murphy.

Marvell Stock Soars After Nvidia’s Huang Says It Could Be Next $1 Trillion Company
The Wall Street Journal72d agobullish
Marvell Stock Soars After Nvidia’s Huang Says It Could Be Next $1 Trillion Company

Marvell Technology shares have jumped more than 20% in premarket trading, after Nvidia's Jensen Huang said the company could be the next chip firm to join the trillion-dollar club. Speaking at the Computex trade show in Taiwan, Huang predicted a surge in demand for artificial-intelligence hardware fueled by the emergence of autonomous models. Addressing the technical challenges of scaling massive AI data centers, Huang said that computing is becoming increasingly disaggregated and distributed, and to tie these sprawling systems together, the industry must rely heavily on advanced connectivity.

Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company'
Reuters72d agobullish
Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company'

Marvell Technology's shares surged ‌more than ‌24% in premarket trading ​on Tuesday after Nvidia CEO Jensen Huang called the chipmaker ‌the ⁠next "trillion-dollar company." Huang and Marvell CEO Matt ⁠Murphy were speaking at an ​event at ​the ​Computex week ‌in Taipei on Tuesday. Marvell shares were last up 24.4% at $272.9, set to add ‌more than $47.2 ​billion in ​market ​capitalisation if ‌gains hold.

Broadcom Earnings, Jobs Report: What to Watch This Week
The Wall Street Journal72d agoneutral
Broadcom Earnings, Jobs Report: What to Watch This Week

Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.