# Nvidia's CEO hypes optical stocks as AI spending hits $150 billion — ride Lumentum and Coherent higher

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

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-hypes-optical-stocks-as-ai-spending-hits-150-bi--730e0768-bcc4-45c8-8db9-fafe1b149486

Nvidia's CEO publicly praised optical-component makers, sending their stocks surging. At the same time, SoftBank is pouring €75 billion into AI data centers and Alphabet is raising $80 billion for AI infrastructure — meaning demand for the hardware that connects AI systems is exploding.

## Idea

Jensen Huang's public endorsement of Marvell sparked a broad rally in optical-component stocks like Lumentum and Coherent. These companies make the lasers and connectors that let data centers talk to each other at enormous speed — exactly what every new AI data center needs. With SoftBank committing €75 billion to build the largest AI data hub in France and Alphabet raising $80 billion for its own AI buildout, the pipeline of orders for optical gear is growing fast. When the CEO of the world's most important AI chip company points to a specific supply chain, the market usually keeps bidding those names up for weeks.

## Key details

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

## Community

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## News sources

- [SoftBank Bets Big on AI: €75 Billion to Build Massive French Data Hub](https://finance.yahoo.com/sectors/technology/articles/softbank-bets-big-ai-75-123419235.html) — Yahoo Finance
- [Alphabet's plan to sell $80 billion in stock to fund its AI buildout isn't all bad](https://www.cnbc.com/2026/06/02/alphabets-plan-to-sell-80-billion-in-stock-to-fund-its-ai-buildout-isnt-all-bad.html) — CNBC
- [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

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