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Will This Jensen Huang-Endorsed AI Chip Stock Be the Next Trillion-Dollar Company?
The Motley Fool·
Nvidia CEO Jensen Huang called Marvell Technology 'the next trillion-dollar company,' triggering dramatic stock volatility—a 32% jump followed by a 16% plunge. While Marvell's data center business is booming with 27% YoY revenue growth and strong interconnect demand, the stock already prices in enormous success at a P/E ratio near 90. To reach $1 trillion from its current $225 billion market cap would require quadrupling in value, and the company faces concentration risk with three-quarters of revenue tied to a small group of cloud customers.
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