Nvidia's CEO hails Marvell as a future trillion-dollar company — buy the optical networking rally
Nvidia's CEO Jensen Huang publicly predicted that Marvell Technology will reach a $1 trillion valuation, and said the era of 'useful AI' has arrived. That endorsement is sending optical networking stocks — the companies that build the high-speed connections AI data centers need — sharply higher.
Idea
When Nvidia's CEO — the most influential voice in AI — singles out a company on stage at a major trade show and predicts it will hit a $1 trillion valuation, the market pays attention. Optical component makers like Lumentum and Coherent are along for the ride because they supply the high-speed networking gear that connects AI data centers together. This is fresh catalyst-driven momentum, not a slow grind, which tends to carry further as more investors discover the story. A basket approach across all three names spreads risk while capturing the broad theme.