Nvidia's CEO hypes Marvell and optical stocks rocket — catch the AI infrastructure wave on Lumentum and Coherent
Nvidia's CEO Jensen Huang publicly praised Marvell Technology and said it could reach a $1 trillion valuation. That endorsement lit a fire under the entire optical-component sector — the companies that make the high-speed connectors AI data centers desperately need.
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At the Computex trade show in Taipei, Nvidia's Jensen Huang publicly predicted Marvell Technology could hit a $1 trillion valuation, and the ripple effect sent optical-component makers like Lumentum and Coherent soaring. These companies build the high-speed lasers and connectors that connect AI servers together — they're the plumbing of the AI buildout. With Alphabet announcing an $80 billion AI fundraising and Berkshire Hathaway effectively endorsing AI as a lasting infrastructure shift, spending on data-center hardware shows no sign of slowing. Optical stocks are still well below their prior peaks, so there's room to run if the AI spending theme persists.