Nvidia's CEO says Marvell is headed to $1 trillion — grab the optical stocks powering AI data centers
Nvidia's CEO Jensen Huang went on stage and said Marvell Technology could be worth $1 trillion, calling this the era of 'useful AI.' That endorsement is sending a wave of excitement through optical component makers like Lumentum and Coherent, whose products are essential for AI data centers.
Idea
Nvidia's Jensen Huang practically handed Marvell a trillion-dollar valuation endorsement on stage at Computex, and the ripple effect is lifting the entire optical-components sector. Companies like Lumentum and Coherent make the lasers and connectors that AI data centers literally cannot function without — it's like selling picks and shovels during a gold rush. When the most influential figure in AI signals demand is this strong, suppliers tend to ride that wave for weeks. The play here is to spread bets across the optical group so you capture the tailwind even if one name lags.