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

_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-l--8ee8eb00-e962-4003-94dd-dcbeec2a4622

Nvidia CEO Jensen Huang praised Marvell Technology and said useful AI has arrived, sparking a big rally in companies that make optical components — the parts that connect AI data centers together at high speed.

## Idea

Jensen Huang's public endorsement of Marvell at Computex sent a signal to the whole market: the companies building the physical connections inside AI data centers are the next wave of winners. Optical components from Lumentum and Coherent are what let Nvidia's chips talk to each other at massive speed. When the CEO of the most important AI company on earth says a sector is critical, institutional money usually follows. These stocks are surging right now, but they tend to pull back briefly before continuing higher — that dip is the entry opportunity.

## Key details

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

## Community

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## 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

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