# Nvidia's CEO hails the age of useful AI, optical stocks are rocketing — jump on the picks-and-shovels trade

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

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-hails-the-age-of-useful-ai-optical-stocks-are-r--2e56620b-0580-410f-a596-bd34b4a06b60

Nvidia's CEO Jensen Huang publicly praised Marvell Technology and said the age of 'useful AI' has arrived. His comments are sending optical component makers — the companies that build the high-speed connections inside AI data centers — sharply higher.

## Idea

When Nvidia's Jensen Huang speaks, the market listens — and he just predicted Marvell will hit a $1 trillion valuation while praising the entire optical component supply chain. Optical stocks like Lumentum and Coherent make the high-speed connectors that AI data centers desperately need, and demand is only growing as companies like Alphabet pour $80 billion into AI infrastructure. This isn't just hype; Hewlett Packard Enterprise also just raised its sales outlook specifically citing AI-driven server demand, confirming the spending is real and flowing through to suppliers.

## Key details

- Symbols: COHR, HPE, LITE, MRVL
- Timeframes: daily
- Tags: \#ai\_infrastructure, \#momentum, \#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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