# Nvidia's boss hypes optical stocks as AI's backbone — buy the dip on Lumentum and Coherent after the initial surge

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

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-boss-hypes-optical-stocks-as-ai-s-backbone-buy-the--7cb2c757-0d11-491f-a598-1faca3208563

Nvidia's CEO Jensen Huang went on stage and said Marvell Technology could be worth $1 trillion, and praised the whole optical-components industry. That sent stocks like Lumentum, Coherent, and Marvell sharply higher.

## Idea

When the most influential person in AI — Nvidia's Jensen Huang — publicly says a company will hit a $1 trillion valuation, investors listen. His comments didn't just lift Marvell; they ignited broad excitement for the optical-components companies that make the high-speed connections AI data centers desperately need. These stocks are rocketing, but after an initial surge they often pull back before continuing higher. Buying on that short-term dip gives you a better entry while still capturing the longer-term trend of massive AI infrastructure spending.

## Key details

- Symbols: COHR, LITE, MRVL
- Timeframes: 1D
- Tags: \#nvidia\_catalyst, \#ai\_infrastructure, \#optical\_networking

## Community

- Upvotes: 0
- Views: 0
- Copies: 0
- Cosigns: 0

## News sources

- [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
- [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

## Related

- [COHR trade ideas](https://commonquant.ai/stocks/cohr)
- [LITE trade ideas](https://commonquant.ai/stocks/lite)
- [MRVL trade ideas](https://commonquant.ai/stocks/mrvl)
- [Latest market news](https://commonquant.ai/news)