Nvidia's CEO just crowned Marvell the next trillion-dollar company — ride the optical AI wave
Nvidia's CEO Jensen Huang publicly said Marvell Technology will become a trillion-dollar company, sending its stock up 18%. His bullish comments also lit a fire under optical component makers like Lumentum and Coherent that build critical hardware for AI data centers.
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When the most influential figure in AI publicly declares a company the next trillion-dollar player, institutional money floods in. Marvell surged 18%, but the lesser-known winners are the optical component suppliers like Lumentum and Coherent. These companies make the lasers and connectors that wire together AI supercomputers — and demand is exploding as companies like Alphabet commit $80 billion to AI infrastructure. Optical stocks are still small enough that big AI spending announcements move them significantly, giving traders an outsized upside opportunity.
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- Marvell stock soars as Nvidia CEO calls chipmaker 'the next trillion-dollar company' — Yahoo Finance
- Broadcom Jumps 6% on Alphabet $80B AI Raise, Marvell Soars 18% on Jensen Huang's $1T Endorsement — Yahoo Finance
- Why Lumentum, Coherent and other optical stocks are rocketing toward big gains — MarketWatch