# Nvidia's CEO hyped Marvell and optical stocks are rocketing — catch 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-hyped-marvell-and-optical-stocks-are-rocketing--d341eb4e-5f10-4d53-8558-5ca5ae978944

Nvidia's CEO Jensen Huang publicly praised Marvell Technology on stage and said it could hit a $1 trillion valuation. That endorsement lit a fire under optical-component stocks like Lumentum and Coherent, which make the parts that connect AI data centers together.

## Idea

When Nvidia's Jensen Huang publicly endorses a company and throws out a $1 trillion valuation target, the market listens — and it doesn't just lift that one stock. Optical-component makers like Lumentum and Coherent supply the high-speed connectors that AI data centers desperately need, so Huang's optimism flows directly to them. These are smaller companies that can move fast on big news. The broad enthusiasm mentioned across multiple optical names suggests this isn't a one-off pop but a theme catching fire, which means momentum could carry several more sessions.

## 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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