NasdaqGS:LITECommunications
Lumentum’s AI Backlog And Valuation Put Growth Expectations To The Test
Lumentum Holdings (NasdaqGS:LITE) has reported a sizable backlog in optical circuit switches linked to AI data center build outs.
The company has secured a multihundred million dollar co-packaged optics order tied to next generation AI infrastructure.
Management has flagged AI supply chain ramps that are expected to support demand for its products through at least 2027.
Lumentum, trading at $583.46, is increasingly tied to the build out of AI data centers, positioning its optical...