# Jensen Huang hails Marvell, Alphabet drops $80B on AI — ride the optical and chip wave

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

> Canonical page: https://commonquant.ai/research/for-you/jensen-huang-hails-marvell-alphabet-drops-80b-on-ai-ride-the--7b40a0b8-c449-4e6d-b397-726f9127371d

Nvidia CEO Jensen Huang publicly predicted Marvell will hit a $1 trillion valuation, and Alphabet just announced an $80 billion stock sale to fund AI infrastructure. Together these are sending optical networking and AI-chip stocks sharply higher.

## Idea

Jensen Huang's public endorsement of Marvell carries weight because his track record on AI predictions has been remarkably accurate — when he says 'useful AI has arrived,' the market listens. Optical component makers like Lumentum and Coherent are the pick-and-shovel plays here: every new AI data center needs high-speed fiber connections, and these companies supply that hardware. Alphabet raising $80 billion specifically for AI buildout confirms that the biggest tech companies are committing unprecedented capital to this infrastructure wave. The combination of a credible CEO endorsement and massive confirmed spending plans suggests the optical and AI-chip sector has room to run beyond a one-day pop.

## Key details

- Symbols: AVGO, COHR, LITE, MRVL
- Timeframes: D1
- Tags: \#ai\_infrastructure, \#momentum, \#optical\_networking

## Community

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## News sources

- [Broadcom Jumps 6% on Alphabet $80B AI Raise, Marvell Soars 18% on Jensen Huang's $1T Endorsement](https://finance.yahoo.com/markets/stocks/articles/broadcom-jumps-6-alphabet-80b-132541999.html) — Yahoo Finance
- [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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