Nvidia's CEO hyped Marvell and optical stocks are rocketing — catch the momentum on Lumentum and Coherent
Nvidia's CEO Jensen Huang publicly praised Marvell Technology on stage and said it could hit a $1 trillion valuation. That endorsement lit a fire under optical-component stocks like Lumentum and Coherent, which make the parts that connect AI data centers together.
Idea
When Nvidia's Jensen Huang publicly endorses a company and throws out a $1 trillion valuation target, the market listens — and it doesn't just lift that one stock. Optical-component makers like Lumentum and Coherent supply the high-speed connectors that AI data centers desperately need, so Huang's optimism flows directly to them. These are smaller companies that can move fast on big news. The broad enthusiasm mentioned across multiple optical names suggests this isn't a one-off pop but a theme catching fire, which means momentum could carry several more sessions.