Marvell shares close up 32.52% after Jensen Huang calls it 'next trillion-dollar company'

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Summary

Marvell shares surged 32.52% on Tuesday after Jensen Huang, CEO of NVIDIA, hailed the chipmaker as the 'next trillion-dollar company' at Computex.

Why it matters

The sudden increase in Marvell's stock price is a significant development in the tech industry, highlighting the company's potential for growth and its importance in the chip market.

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