Why Marvell Technology Rallied in May

Marvell Technology surged 24.1% in May following strong Q1 earnings with 28% revenue growth to $2.4B and raised fiscal 2027-2028 guidance. AMD's $6.5M investment signaled closer partnership, while Nvidia CEO Jensen Huang called Marvell 'the next trillion-dollar company' in early June, sending the stock up another 30%. The rally reflects strong AI infrastructure demand, particularly in data center interconnect where Marvell expects 70% growth.