Why Marvell Stock Rocketed to a New All-Time High Today
Source: Motley Fool
2026-06-02 21:23:47 ET
Shares of Marvell Technology (NASDAQ: MRVL) soared to a record high on Tuesday after Nvidia CEO Jensen Huang said the chipmaker was on its way to becoming a vastly more valuable business.
Image source: Getty Images.
Marvell has a lucrative custom chip design business. The semiconductor maker's application-specific integrated circuits (ASICs) help to accelerate artificial intelligence (AI) workloads in cloud data centers.
Marvell Technology Inc.
NASDAQ: MRVL
MRVL Trading
30.03% G/L:
$281.805 Last:
67,992,609 Volume:
$253.46 Open:
MRVL Latest News
June 02, 2026 08:15:15 pm
Broadcom Stock Just Hit a Record High. You Can Thank Nvidia, Alphabet, and Marvell.
June 02, 2026 06:54:39 pm
Stock Market Today, June 2: Marvell Technology Surges After Nvidia CEO Highlights AI Infrastructure Role
June 02, 2026 05:22:10 pm
Stock Market Today, June 2: Chipmakers Drive S&P 500 to Another Record Close
MRVL Stock Data
$70,017,560,367
838,787,328
0.05%
723
N/A
Semiconductors and Equipment
Technology
US
Wilmington
