US Stock Market Move | Marvell Technology, Inc. (MRVL.US) opened and continued to rise by over 6%, with a total increase of over 260% for the year.

On Wednesday, Marvell Technology, Inc. (MRVL.US) continued to rise by over 6% at the opening, following a 32% surge in the previous trading day, with a year-to-date increase of over 260%. On the news front, on the second day of the 2026 Taipei Computex, NVIDIA Corporation (NVDA.US) CEO Huang Renxun publicly endorsed partner Marvell Technology, Inc., stating that it could become the "next trillion-dollar company" and pushing the strategic cooperation between the two companies to the forefront. Huang Renxun directly linked Marvell's core position in AI data center interconnects to the explosive growth in demand for AI computing power, and revealed that NVIDIA Corporation has made a strategic investment in Marvell. The joint appearance of the two CEOs further confirms the deep ties between NVIDIA Corporation and Marvell in the data center infrastructure field, and raises higher expectations from the outside world on the extent to which Marvell will benefit from the AI supercomputing cycle.