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Marvell Technology shares surged 25% after Nvidia CEO Jensen Huang called it the next trillion-dollar company. The prediction sparked investor optimism amid growing demand for AI chips and data center solutions.
Google is planning to deploy nearly two million new AI chips in collaboration with Marvell Technology, signaling a strategic push to enhance its data center infrastructure for AI workloads.
Nvidia's $2 billion investment in Marvell is more than a financial stake—it's a strategic move to secure long-term revenue through ecosystem lock-in.
