Nvidia's CEO hypes optical components and they're surging — climb aboard Lumentum and Coherent
Nvidia's CEO Jensen Huang praised Marvell this week, and that one comment sent optical component stocks like Lumentum and Coherent soaring. These companies make the high-speed connectors that AI data centers can't function without — and the build-out is just getting started.
Idea
Nvidia's Jensen Huang specifically praised Marvell this week, and that sparked a rally across the whole optical components sector. Companies like Lumentum and Coherent make the high-speed cables and lasers that connect AI servers together — they're the plumbing of the AI boom. With Alphabet raising $80 billion to fund AI infrastructure and even Berkshire Hathaway signaling that AI is a lasting shift, demand for these components should keep growing. When the most influential voice in AI singles out a supply chain, the suppliers tend to keep running.