# NVIDIA's CEO hypes optical-component makers as essential AI picks-and-shovels — catch the spill-over rally

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

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-hypes-optical-component-makers-as-essential-ai--ae587bb5-8ca0-4903-9df4-3531f06ee262

NVIDIA's CEO Jensen Huang went on stage and praised Marvell Technology, saying it could be worth $1 trillion. His comments sparked a huge rally in optical component makers like Lumentum and Coherent that supply the hardware AI data centers need.

## Idea

When Jensen Huang — the most influential voice in AI right now — publicly says Marvell could hit a $1 trillion valuation, the market listens. His comments didn't just lift Marvell; they ignited a whole group of optical component stocks that make the high-speed connections AI data centers rely on. Lumentum and Coherent are rocketing because investors realize these picks-and-shovels companies are essential to the AI buildout. When a sector gets this kind of top-down endorsement from an industry leader, the momentum often carries further as money rotates in.

## Key details

- Symbols: COHR, LITE, MRVL
- Timeframes: 1D
- Tags: \#AI, \#semiconductors, \#momentum

## 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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