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Marvell stock pops 11% as Nvidia takes $2 billion stake, continuing run of similar bets

Mar 31, 2026 12:43 UTC

Nvidia has also made $2 billion investments in CoreWeave, Nebius and Coherent in recent months..

  • In this article Shares ofMarvell Technologysurged nearly 13% afterNvidiaannounced plans toinvest $2 billionin the semiconductor company as businesses race to meet ballooningartificial intelligencedemand
  • "Marvell is a marvelous investment," Nvidia CEO Jensen Huang told CNBC's "Squawk on the Street" on Tuesday
  • "Been dying to say that

In this article Shares ofMarvell Technologysurged nearly 13% afterNvidiaannounced plans toinvest $2 billionin the semiconductor company as businesses race to meet ballooningartificial intelligencedemand. "Marvell is a marvelous investment," Nvidia CEO Jensen Huang told CNBC's "Squawk on the Street" on Tuesday. "Been dying to say that." The deal ties Marvell into Nvidia's AI ecosystem, making it easier for customers to build on the infrastructure. Both companies will also join forces on silicon photonics technology and AI-focused telecommunications infrastructure. Nvidia has made a string of $2

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