Lumentum Holdings Inc. - Common Stock (LITE)

Lumentum, IPG Photonics, and nLight have posted strong YTD gains and revenue growth as photonics demand rises for AI, with analysts largely bullish on further upside for all three stocks.

Lumentum Holdings (NASDAQ:LITE) has outperformed the market over the past 10 years by 25.12% on an annualized basis producing an average annual return of 38.31%. Currently, Lumentum Holdings has a market capitalization

As AI data centers outgrow copper networking, these two optical technology companies could become major beneficiaries of the industry's shift to silicon photonics.

Lumentum Holdings (NASDAQ: LITE) stock trades higher on Thursday. Sector catalysts include Meta's 14GW compute plans and MARA's Texas land acquisition.

As these companies try to solve a new AI bottleneck, their stock prices keep climbing.