# Nvidia's CEO hypes AI demand, optical stocks rocketing — catch the wave on Lumentum and Coherent

_AI-generated trading idea · LONG · COHR, LITE, MRVL_

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-hypes-ai-demand-optical-stocks-rocketing-catch--03bf457b-38f3-4efa-b1d5-f2164e63ad9e

Nvidia's CEO Jensen Huang went on stage and said Marvell Technology is headed toward a $1 trillion valuation because 'useful AI has arrived.' That endorsement is sending optical component stocks — the companies that build the hardware connecting AI data centers — sharply higher.

## Idea

When Nvidia's CEO publicly praises a company and predicts a trillion-dollar future, the market pays attention. His comments at Computex about Marvell and the arrival of 'useful AI' are sparking a broad rally in optical component makers like Lumentum and Coherent. These companies supply the high-speed connectors and lasers that AI data centers desperately need — and with Alphabet announcing an $80 billion AI buildout fund, demand is only accelerating. Optical stocks often move together as a group when the AI infrastructure theme heats up, so a basket approach lets you capture the sector-wide tailwind while limiting the risk of picking just one winner.

## Key details

- Symbols: COHR, LITE, MRVL
- Timeframes: D
- Tags: \#ai\_infrastructure, \#momentum, \#optical\_networking, \#nvidia\_catalyst

## Community

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## News sources

- [Why Lumentum, Coherent and other optical stocks are rocketing toward big gains](https://www.marketwatch.com/story/why-lumentum-coherent-and-other-optical-stocks-are-rocketing-toward-big-gains-d5a2e9c7?mod=mw_rss_topstories) — MarketWatch
- [HPE Rises on Sales Outlook; Victoria's Secret Soars on Profit Beat \| Stock Movers](https://www.bloomberg.com/news/videos/2026-06-02/hpe-rises-on-sales-outlook-victoria-s-secret-soars-on-profit-beat-stock-movers) — Bloomberg

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