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

NVDA

NVDA/USDT

$224.71

-0.35%

$224.71

-0.35%

(24s)

24h Volume

$106,893,373.51

24h H/L

$227.08 / $223.36

Change: $3.72 (1.67%)

Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data

NVDA

Daily

$224.72

▼ -0.20%

Volume (24h): -

Resistance Levels

Resistance 3$230.445

Resistance 2$227.94

Resistance 1$225.2883

Price$224.72

Support 1$223.0625

Support 2$218.35

Support 3$215.4557

Pivot (PP):$225.20

Trend:Uptrend

RSI (14):54.3

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…