Nvidia CEO Just Crowned the “Next Trillion-Dollar” Chip Stock and It Went Up 33%

NVDA

NVDA/USDT

$231.33

+0.37%

$231.33

+0.37%

(24s)

24h Volume

$88,140,419.11

24h H/L

$231.47 / $229.80

Change: $1.67 (0.73%)

Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data

NVDA

Daily

$231.47

▲ 0.73%

Volume (24h): -

Resistance Levels

Resistance 3$250.4007

Resistance 2$237.6653

Resistance 1$231.5396

Price$231.47

Support 1$231.4067

Support 2$225.0533

Support 3$215.1467

Pivot (PP):$231.4067

Trend:Uptrend

RSI (14):62.6

BeInCrypto Editorial

(05:33 PM UTC)

1 min read

Reviewed byEmily Watson

0 comments

Nvidia CEO Jensen Huang called Marvell Technology the next trillion-dollar company at Computex on June 2. Marvell shares jumped about 33% in a single session, their biggest one-day gain on record. The move added roughly $56 billion in market value, pushing Marvell above $250 billion.

The endorsement landed as investor Michael Burry warned that Nvidia itself faces concentrated demand and hidden…