Nvidia's CEO hypes optical components as AI buildout accelerates — jump on Lumentum and Coherent
Nvidia's CEO Jensen Huang praised optical component makers at a major tech conference, sending stocks like Lumentum and Coherent sharply higher. Meanwhile, Alphabet is raising $80 billion to build AI data centers that will need exactly this kind of hardware.
Idea
Nvidia's CEO Jensen Huang just publicly hyped optical component companies at Computex, saying the 'age of useful AI has arrived.' That endorsement matters because Nvidia is the company driving the AI buildout. Stocks like Lumentum and Coherent make the fiber-optic parts that connect AI servers together — and demand is about to surge as Alphabet alone pours $80 billion into AI infrastructure. These supplier companies often get a second wave of buying after the initial headlines, as investors dig deeper into who actually benefits from all this spending.