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

Shares of Marvell Technology surged more than 11% after Nvidia announced plans to invest $2 billion in the semiconductor company.Nvidia said the deal will connect Marvell to its AI factory and radio access network ecosystems. Both companies will also join forces on silicon photonics technology and telecommunications networking. "The inference inflection has arrived. Token generation demand is surging, and the world is racing to build AI factories," said Nvidia CEO Jensen Huang in a release. "Together with M ...