Nvidia's CEO hails Marvell as the next $1T company — ride the spillover into optical suppliers Lumentum and Coherent
Nvidia's CEO Jensen Huang publicly endorsed Marvell as a future trillion-dollar company at a major tech conference. His comments lit a fire under the entire optical-components sector — the companies that make the high-speed connectors AI data centers depend on.
Idea
Nvidia's CEO just told a packed conference that Marvell is headed for a trillion-dollar valuation, and Alphabet is pouring $80 billion into AI infrastructure. The companies that make optical connectors — Lumentum and Coherent — are the picks-and-shovels play here: every new AI data center needs their high-speed parts to link chips together. These stocks are rallying hard but still trade at a fraction of Marvell's valuation, so there's room for catch-up. When the biggest names in AI signal this kind of spending, the suppliers tend to keep running for weeks.