Jensen Huang just crowned Marvell a future trillion-dollar company — ride the optical stock wave
Nvidia's CEO Jensen Huang publicly predicted Marvell Technology will hit a $1 trillion valuation, and said the era of 'useful AI' has arrived. His comments lit a fire under optical-component makers like Lumentum and Coherent, whose products connect AI data centers together.
Idea
Jensen Huang rarely singles out other companies by name, so when he predicted Marvell will reach a $1 trillion valuation on stage at Computex, the market took it as a major signal. His broader point — that useful AI has arrived — is driving demand for the high-speed optical connections that link thousands of AI chips together inside data centers. Alphabet separately announced it's raising $80 billion to fund its AI buildout, and SoftBank is spending €75 billion on a massive French data hub. All of that infrastructure needs optical components, which is why Lumentum and Coherent are surging too. When the person building the picks and shovels for AI tells you who makes the best shovels, it's worth paying attention.