The Iran Ceasefire Sent Tech Stocks Soaring. Here Are the 3 That Have the Most Room Left to Run.
The US-Iran ceasefire announcement led to a surge in tech stocks, particularly those related to AI infrastructure. Three tech stocks, Marvell Technology, Lumentum Holdings, and Viavi Solutions, are poised for further growth due to their role in AI.
The US-Iran ceasefire announcement in early April led to a market rally, with tech stocks surging. Marvell Technology and Lumentum Holdings are two companies that benefited due to their involvement in AI infrastructure. Marvell Technology's partnership with Nvidia was validated by the Iran conflict, which exposed the fragility of global AI supply chains. Nvidia invested $2 billion in Marvell to deepen their NVLink Fusion partnership. Lumentum Holdings makes photonic components for AI data centers and is sold out through 2027, with Nvidia backing its new US fabrication facility. Viavi Solutions is another under-the-radar play in AI infrastructure and defense. These companies have structural momentum behind them, driven by their role in AI.
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