Marvell Technology Shares Rise 21.1% Premarket After NVIDIA CEO Comment
Marvell Technology shares increased 21.1% in premarket trading after NVIDIA CEO Jensen Huang referred to the company as the next trillion-dollar firm. The comment was reported by @FirstSquawk.
finance.yahoo.comMarvell Technology shares rose 21.1% in premarket trading following a public statement by NVIDIA CEO Jensen Huang. Huang described Marvell as the next trillion-dollar company.
The share price movement occurred before regular trading hours.
Trading volume and price data reflected the immediate response to the statement.
Technology develops semiconductor products used in data centers and networking equipment. The company has existing business relationships in the semiconductor supply chain.
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