Nvidia's CEO just hyped the AI supply chain — optical stocks are surging, jump on board
Nvidia's CEO Jensen Huang went on stage at a major tech conference and predicted Marvell Technology will hit a $1 trillion valuation. His comments sparked a massive rally in optical component makers like Lumentum and Coherent, whose products are essential for AI data centers.
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When Nvidia's CEO — the most influential voice in AI right now — publicly says a company will reach a $1 trillion valuation, the market listens. His endorsement of Marvell spilled over into optical component stocks like Lumentum and Coherent because these companies make the high-speed connectors that AI data centers desperately need. This is part of a bigger theme: tech giants like Alphabet are raising tens of billions to build AI infrastructure, and optical components are the plumbing that makes it all work. When a sector gets this kind of high-profile catalyst from a trusted source, the stocks often keep running for weeks as fund managers reposition.