# Nvidia's CEO just lit a fire under optical stocks — ride the momentum on Lumentum and Coherent

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

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-just-lit-a-fire-under-optical-stocks-ride-the-m--8d19377d-d8a2-4b8f-b789-246892e95599

Nvidia's CEO Jensen Huang praised Marvell Technology on stage at a major tech conference and predicted it would reach a $1 trillion valuation. His comments sparked a huge rally in optical component makers like Lumentum and Coherent that supply AI data centers.

## Idea

When the most influential leader in AI publicly endorses a supply chain, the ripple effects can last for weeks. Lumentum and Coherent make the high-speed optical connectors that AI data centers desperately need, and both are breaking out to new highs on heavy trading volume — a sign that big institutional money is piling in, not just casual buyers. Marvell, directly named by Jensen Huang, is also surging. These optical plays are small enough that even moderate inflows can push them significantly higher, but they are also volatile, so a trailing stop helps protect gains if the momentum fades.

## Key details

- Symbols: COHR, LITE, MRVL
- Timeframes: H4
- Tags: \#tech, \#AI, \#momentum, \#semiconductors

## 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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