Morning Bid: Nvidia chief to Asia: 'We're still supply constrained' - Reuters
Nvidia CEO Jensen Huang told Asia that the company remains supply constrained, reinforcing that demand for AI compute continues to outpace production capacity. This supply constraint narrative keeps pricing power intact and supports both NVDA and adjacent beneficiaries like MRVL, but insider selling and already-crowded SB consensus cap the upside case.
What happened
Nvidia CEO Jensen Huang told Asia that the company remains supply constrained, reinforcing that demand for AI compute continues to outpace production capacity.
The read · Jun 2
Buy MRVL over NVDA here — Jensen's endorsement + AI networking tailwinds give MRVL fresh momentum while NVDA's insider selling and stretched consensus make it the less clean long.
Wrong if
MRVL's 29% single-day gap could see rapid mean-reversion if broader risk-off continues (BTC/crypto selling already pressuring sentiment); Jensen's endorsement fades fast if MRVL's next earnings don't validate the AI revenue ramp.
CoverageSource: Reuters · Published here TUE, JUN 2 · 12:34 AM ET · the only report in this recordHow this is decided →
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The story1 min read
The read, in fullWhy it matters
Jensen Huang's public endorsement of Marvell as the 'next trillion-dollar giant' — alongside his supply-constraint commentary — sets up MRVL as the cleaner AI infrastructure beneficiary right now. NVDA's consensus is 24 Strong Buy vs only 1 Sell, meaning the bullish case is well-owned and upside surprise is harder to come by, while one insider sold in the last 30 days. MRVL, by contrast, is getting a fresh catalyst re-rating with less crowded positioning, making the long-MRVL / hedge-NVDA pair the smarter expression of the same AI demand theme.
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Receipts
Reuters — the original12:34 AM
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This page is kept as it was written on Jun 2. Later coverage joins it only when the company and catalyst evidence match, and what the stock did is shown from licensed end-of-day closes — never re-graded, never backdated. The judgment is yours.