Why Lumentum, Coherent and other optical stocks are rocketing toward big gains
1 min readAnalysis by AlgoThesis Editorial Desk
Market Memory
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The story
Jensen Huang's comments at Marvell's analyst day explicitly endorsed optical interconnects over copper, triggering a sector-wide surge with COHR +17.6% and MRVL +32.5% on the day. The AI infrastructure buildout narrative is now explicitly tied to optics, setting up a rotation trade as late money chases the move.
The two-sided take
The house read
Wrong ifIf Huang makes further public comments specifically naming COHR or optics in a product roadmap context, or if COHR pre-announces upside guidance, the short squeeze risk is severe given likely elevated short interest post-gap.
Published read · research, not advice