# Nvidia's CEO just hyped the AI supply chain — optical stocks Lumentum and Coherent are surging

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

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-just-hyped-the-ai-supply-chain-optical-stocks-l--7cdb1016-200d-4b89-aafb-ce85180c402b

Nvidia's CEO Jensen Huang went on stage and praised Marvell Technology, saying it could reach a $1 trillion valuation. That endorsement lit a fire under optical component makers like Lumentum and Coherent, whose products are essential for AI data centers.

## Idea

Nvidia's Jensen Huang just told a packed audience at Computex that Marvell could be worth $1 trillion and that we've entered the era of 'useful AI.' That's the strongest possible endorsement from the most important voice in AI hardware. Optical component makers like Lumentum and Coherent are the picks-and-shovels play here — their lasers and transceivers are what physically move data through AI data centers. When Nvidia's CEO talks up the supply chain, the smaller suppliers tend to rally hard because they have more room to grow. These stocks are already moving but the thematic momentum could last weeks as more investors connect the dots.

## Key details

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

## 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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