Trillion Dollar

• Marvell Technology shares surged 32%, marking the company's best single-day stock performance to date. • The rally follows a prediction by Nvidia CEO Jensen Huang, who suggested Marvell has the potential to become the next trillion-dollar company. • This growth is supported by strong financial performance, including the company beating analyst estimates for its 2027 first-quarter earnings reported in May.

• SK Hynix has joined Asia’s "trillion-dollar company club," joining Samsung Electronics and Taiwan’s TSMC as market valuations soar. • The surge is driven by the global AI boom, which has pushed South Korea’s Kospi stock market to record highs. • Experts warn of potential "short-circuits," citing the risks of boom-bust cycles and the South Korean economy's heavy reliance on just two major chipmakers.

• Nvidia is expanding its high-end AI server manufacturing capabilities by initiating hiring efforts in Vietnam and partnering with Taiwan-based Original Design Manufacturers (ODMs). • The company's expansion into the Beitou-Shilin Tech Park has significantly increased local AI power demands, prompting Taipower to implement a dual-track strategy for substation development. • These strategic moves highlight Nvidia's push to diversify its supply chain and infrastructure to support the growing global demand for AI hardware.