# Nvidia's CEO hails 'useful AI era' — catch the optical stock surge powering data centers

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

> Canonical page: https://commonquant.ai/research/for-you/nvidia-s-ceo-hails-useful-ai-era-catch-the-optical-stock-sur--c8688e0d-d56a-4104-8a35-9385f2c991e2

Nvidia's CEO Jensen Huang said the era of 'useful AI' has arrived and predicted Marvell Technology will reach a $1 trillion valuation. His comments are fueling a rally in optical component makers like Lumentum and Coherent.

## Idea

AI data centers need optical networking components to move enormous amounts of data between servers — they're the plumbing behind the AI revolution. Nvidia's Jensen Huang just put a massive spotlight on this supply chain at Computex, specifically praising Marvell and sending optical stocks like Lumentum and Coherent surging. With Alphabet raising $80 billion to build AI infrastructure and the S&P 500 on a nine-day winning streak driven by AI enthusiasm, these picks-and-shovels companies are in the sweet spot. The momentum is fresh and the story is simple: more AI spending means more demand for optical parts.

## Key details

- Symbols: COHR, LITE, MRVL
- Timeframes: H4
- Tags: \#ai\_infrastructure, \#momentum, \#optical\_networking

## 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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