Nvidia's CEO lights a fire under optical stocks — catch the AI infrastructure rally on Lumentum and Coherent
Nvidia's CEO Jensen Huang went on stage praising Marvell Technology and said the era of 'useful AI' has arrived. His comments are lifting the entire optical component industry — companies that make the high-speed connections AI data centers depend on.
Idea
When Nvidia's CEO talks up a company on stage at a major tech conference, the whole supply chain tends to move — and that's exactly what's happening with optical component makers like Lumentum and Coherent. These companies build the high-speed light-based connections that AI data centers desperately need more of. With Marvell getting a huge endorsement and the broader AI rally pushing the S&P higher for nine straight days, the appetite for anything AI-infrastructure is extremely strong right now. The move is broad-based across the sector, which usually means it's not just a one-day blip.