Nvidia's chief hypes optical stocks at AI conference — ride the momentum on Lumentum and Coherent
Nvidia's CEO Jensen Huang praised Marvell Technology on stage at a major tech conference, predicting it could reach a $1 trillion valuation. His comments lit a fire under optical networking stocks — the companies that make the high-speed connections AI data centers depend on.
Idea
When the most influential voice in AI hardware publicly champions a sector, institutional money moves fast. Optical component makers like Lumentum and Coherent supply the high-speed cables and lasers that connect thousands of GPUs inside AI data centers — demand for those parts scales directly with AI buildout spending. Alphabet alone is raising $80 billion for AI infrastructure, and that is just one company. The initial stock jumps show big investors are already repositioning, and momentum in these names typically runs for a couple of weeks after a catalyst of this magnitude.