--- title: "Marvell Technology Soars on NVIDIA CEO's Endorsement, Joins Relmada Therapeutics and Other Big Stocks Moving Higher in Wednesday's Pre-Market Session" type: "News" locale: "en" url: "https://longbridge.com/en/news/288579963.md" description: "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%)." datetime: "2026-06-03T12:29:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288579963.md) - [en](https://longbridge.com/en/news/288579963.md) - [zh-HK](https://longbridge.com/zh-HK/news/288579963.md) --- # Marvell Technology Soars on NVIDIA CEO's Endorsement, Joins Relmada Therapeutics and Other Big Stocks Moving Higher in Wednesday's Pre-Market Session 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: - **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. - **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. - **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. - **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. - **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. - **Rezolute Inc** (NASDAQ:RZLT) gained 11.74% to $4.47 in pre-market trading, attracting steady healthcare investor interest following positive clinical pipeline summaries. - **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. - **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. - **AngioDynamics Inc** (NASDAQ:ANGO) rose 9.19% to $11.99 in pre-market trading, finding buyers following supportive niche medical technology distribution data. ### Related Stocks - [ABVX.US](https://longbridge.com/en/quote/ABVX.US.md) - [RLMD.US](https://longbridge.com/en/quote/RLMD.US.md) - [SVCO.US](https://longbridge.com/en/quote/SVCO.US.md) - [ORBS.US](https://longbridge.com/en/quote/ORBS.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [RZLT.US](https://longbridge.com/en/quote/RZLT.US.md) - [GME.US](https://longbridge.com/en/quote/GME.US.md) - [ANGO.US](https://longbridge.com/en/quote/ANGO.US.md) - [MRVL.US](https://longbridge.com/en/quote/MRVL.US.md) - [BVC.US](https://longbridge.com/en/quote/BVC.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [XLK.US](https://longbridge.com/en/quote/XLK.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [NVD.US](https://longbridge.com/en/quote/NVD.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [IXN.US](https://longbridge.com/en/quote/IXN.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [GMEU.US](https://longbridge.com/en/quote/GMEU.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [MVLL.US](https://longbridge.com/en/quote/MVLL.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [EBAY.US](https://longbridge.com/en/quote/EBAY.US.md) - [NN.US](https://longbridge.com/en/quote/NN.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [OCTO.US](https://longbridge.com/en/quote/OCTO.US.md) - [GME+.US](https://longbridge.com/en/quote/GME+.US.md) - [NNAVW.US](https://longbridge.com/en/quote/NNAVW.US.md) ## Related News & Research - [Amid an Ugly Tech Selloff, Nvidia Director Mark Stevens Ditched 1 Million Shares](https://longbridge.com/en/news/289358616.md) - [Nvidia or Palantir: Top Investor Says Only One AI Stock Is a Strong Buy](https://longbridge.com/en/news/289524885.md) - [Why Marvell Technology Rallied in May](https://longbridge.com/en/news/288960169.md) - [MRVL Stock Alert: Marvell Technologies to Join S&P 500](https://longbridge.com/en/news/289096239.md) - [GameStop Stock Analysis: Buy or Sell?](https://longbridge.com/en/news/288978546.md)