U.S. stock futures were sharply higher this morning, with the Nasdaq futures surging more than 7.09% on Wednesday following a massive wave of optimism sweeping through the artificial intelligence ecosystem and enterprise hardware sectors.



Shares of Marvell Technology Inc (NASDAQ:MRVL) skyrocketed in pre-market trading, continuing to capture outsized gains linked to exponential capital flows targeting high-end chip designers.



Marvell has triggered an industry-wide re-rating after NVIDIA CEO Jensen Huang explicitly endorsed the company at the Computex event. The stock’s massive momentum built directly upon a 32% explosive rally in the previous session, further amplified by a strategic NVIDIA partnership and the commercial roll-out of Marvell’s new 102.4 Tbps low-power data center switch designed specifically to handle next-generation AI workloads.



Marvell shares jumped 11.73% to $324.92 in pre-market trading.



Here are some other stocks moving higher in pre-market trading:



<ul>
<li>Relmada Therapeutics Inc (NASDAQ:RLMD) shares surged 15.41% to $7.41 in pre-market trading, gaining steady momentum on heavy speculative volume ahead of upcoming clinical data readouts.</li>



<li>Eightco Holdings Inc (NASDAQ:ORBS) climbed 13.27% to $1.02 in pre-market trading, catching a micro-cap momentum lift following trailing liquidity and operational updates.</li>



<li>Abivax SA (NASDAQ:ABVX) advanced 13.10% to $82.00 in pre-market trading, experiencing a sharp technical reversal after shedding over 30% of its market value on Tuesday.</li>



<li>GameStop Corp (NYSE:GME) rose 12.61% to $23.56 in pre-market trading after dropping its Q1 financial results early, delivering a massive jump in quarterly net income to $389.6 million alongside a fresh $2 billion share buyback authorization and an aggressive stake increase in its acquisition target, eBay.</li>



<li>Nextav Inc (NASDAQ:NN) pushed 12.21% higher to $22.50 in pre-market trading, extending gains from its recent official notice of redemption to clear roughly 10 million outstanding public warrants and simplify its long-term balance sheet.</li>



<li>Rezolute Inc (NASDAQ:RZLT) gained 11.74% to $4.47 in pre-market trading, attracting steady healthcare investor interest following positive clinical pipeline summaries.</li>



<li>Silvaco Group Inc (NASDAQ:SVCO) rose 10.92% to $13.50 in pre-market trading, riding broad tech-sector tailwinds as demand for electronic design automation (EDA) software scales.</li>



<li>BitVentures Ltd – ADR (NASDAQ:BVC) advanced 10.85% to $10.54 in pre-market trading, as localized blockchain infrastructure volume surged over the past 24 hours.</li>



<li>AngioDynamics Inc (NASDAQ:ANGO) rose 9.19% to $11.99 in pre-market trading, finding buyers following supportive niche medical technology distribution data.</li>
</ul>

ABVX

RLMD

SVCO

U.S. stock futures surged over 7% on Wednesday, driven by AI optimism. Marvell Technology shares jumped 11.73% to $324.92 in pre-market trading after NVIDIA CEO Jensen Huang endorsed the company and highlighted a strategic partnership for next-gen AI data center switches. Other notable gainers included Relmada Therapeutics (+15.41%), Eightco Holdings (+13.27%), Abivax (+13.10%), GameStop (+12.61% following strong Q1 earnings and buyback news), Nextav (+12.21%), Rezolute (+11.74%), Silvaco (+10.92%), BitVentures (+10.85%), and AngioDynamics (+9.19%).

- U.S. stock futures saw significant gains, particularly with Nasdaq futures rising over 7.09%, driven by optimism in the artificial intelligence and enterprise hardware sectors.  
- Marvell Technology Inc. shares surged 11.73% to $324.92 after receiving an endorsement from NVIDIA CEO Jensen Huang, following a 32% rally from the previous session.  
- Other notable pre-market movers included Relmada Therapeutics gaining 15.41%, GameStop rising 12.61%, and AngioDynamics up 9.19%, reflecting broad investor interest across multiple sectors.

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Marvell Technology Soars on NVIDIA CEO's Endorsement, Joins Relmada Therapeutics and Other Big Stocks Moving Higher in Wednesday's Pre-Market Session