Jensen Huang hypes Marvell and optical stocks rocket — ride the AI-hardware wave on Lumentum and Coherent
Nvidia's CEO Jensen Huang publicly praised Marvell Technology, predicting it could hit a trillion-dollar valuation. That endorsement sent optical-component stocks like Lumentum and Coherent soaring because they make the hardware AI data centers need.
Idea
Jensen Huang's public endorsement of Marvell — and his prediction of a $1 trillion valuation — is a powerful catalyst that spills over to optical-component companies those AI networks depend on. Lumentum and Coherent make the lasers and connectors inside AI data centers, so their revenue directly benefits when big tech companies like Alphabet pour $80 billion into AI buildouts. The stocks are already surging on the news, meaning strong buyer interest and momentum are in place. When a major industry leader singles out a sector like this, the ripple effect often lasts weeks as analysts upgrade targets and institutional money follows.