Nvidia's CEO just hyped optical stocks — ride the AI hardware wave on Lumentum, Coherent, and Marvell
Nvidia's CEO Jensen Huang publicly praised Marvell Technology on stage and predicted it will reach a $1 trillion valuation. His comments lit a fire under the entire optical-component sector — companies that make the high-speed lasers and connectors AI data centers can't function without.
Idea
Jensen Huang's public endorsement of Marvell — and his declaration that 'useful AI has arrived' — sent a clear signal that the next wave of AI spending is on the hardware that connects chips together inside data centers. Companies like Lumentum and Coherent make the optical transceivers and lasers that carry data at light speed between servers. With Alphabet raising $80 billion for AI buildout and HPE citing 'massive growth in AI-fueled demand,' the order pipeline for optical parts is exploding. When a sector gets this kind of visible endorsement from the most important voice in AI, the momentum often carries for weeks as institutions reposition.