Earlier this year, Nvidia CEO Jensen Huang said that Marvell Technology (MRVL +1.45%) could be the next trillion-dollar company. If that’s true, then there could be significant upside for the chipmaker, whose valuation is around $220 billion right now.
Given the promising outlook from Huang and Marvell posting strong growth in recent numbers, is investing in the business likely to double your money in the near term?
Image source: Getty Images.
Marvell’s stock is up big this year, but the market has been cautious of late
Since the start of 2026, Marvell’s stock has risen nearly 190%, as of the end of last week. It’s been on a tremendous run driven not only by Huang’s praise for the business but also by its solid quarterly results.
However, in recent months, the stock has traded sideways, and it’s currently down about 26% from its 52-week high. There’s been some apprehension of…
