Nvidia's CEO hails the AI infrastructure buildout — optical stocks are the picks and shovels to own
Nvidia's CEO Jensen Huang just publicly praised Marvell Technology and said 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 desperately need.
Idea
When Nvidia's CEO talks up a sector, the market listens. His specific endorsement of Marvell — and his broader point that 'useful AI has arrived' — validates the entire optical networking supply chain. These companies make the laser-based connections that link thousands of AI chips together inside data centers. With SoftBank pledging €75 billion for a single AI data hub and Alphabet raising $80 billion for AI infrastructure, the demand pipeline is massive. Optical component stocks are the picks-and-shovels play on this buildout, and they're just starting to break out.