# Nvidia's CEO hypes optical computing at Computex — catch the rally in Lumentum and Coherent

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

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-hypes-optical-computing-at-computex-catch-the-r--9f16dbcf-017e-4dd5-a769-1bf262ff77df

Nvidia's CEO Jensen Huang publicly praised Marvell Technology and said it could reach a $1 trillion valuation. His comments sparked a rally in optical component makers like Lumentum and Coherent, which supply parts for AI data centers.

## Idea

Nvidia's CEO just told a massive tech conference that Marvell could be worth $1 trillion, and that the age of 'useful AI' has arrived. That endorsement lit a fire under optical component stocks like Lumentum and Coherent — the companies that make the high-speed connectors and lasers AI data centers can't function without. These are the 'picks and shovels' of the AI buildout: they win whether it's Nvidia, Alphabet, or Anthropic dominating the software side. With big tech collectively pouring hundreds of billions into AI infrastructure, demand for optical components should keep climbing.

## Key details

- Symbols: COHR, LITE, MRVL
- Timeframes: daily
- Tags: \#ai, \#momentum, \#semiconductors, \#infrastructure

## 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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