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Bloomberg Markets

Marvell Surges After Huang Calls It the Next $1 Trillion Company

Marvell Surges After Huang Calls It the Next $1 Trillion Company
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Marvell Technology Inc. shares surged 26% in premarket trading on Tuesday after Nvidia Corp.’s Jensen Huang predicted that the semiconductor and networking company will be the next business to hit a $1 trillion valuation, more than five times its current capitalization.

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