3Settimana·

Optoelectronics capacity is fully booked through nearly 2029

$LITE (+0,33%)

According to Lumentum CEO Michael Hurlston, capacity for optoelectronic products is fully booked through nearly 2029.

This is driven by strong demand from technology companies for components for AI data centers.

A potential U.S. FCC initiative regarding 3.2-T transceivers could further benefit U.S. laser suppliers.

On October 5, Rosenblatt reaffirmed its “Buy” rating for Lumentum and a price target of $1,300.

8 Commenti

Wealth-Accelerator@Wealth-Accelerator

3Settimana

Lumentum has now risen to the No. 1 spot in my Momentum Satellite portfolio. It's my largest position.

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Frank@schlimmschlimm

3Settimana

That's great! We'll definitely stay invested!

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Tenbagger-Capital@Tenbagger-Capital

3Settimana

@schlimmschlimm That's the way

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Tobi60@Tobi60

3Settimana

I just sold it the other day at a small profit, simply because I bought in right around the ATH. It was obvious that things would really take off after that 😅😅

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Marto@Maddy-0

3Settimana

Unfortunately, I missed the train and am running late, but the next one will come 👍

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market_maverick_blbta@market_maverick_blbta

3Settimana

What do you think of Applied Optoelectronics, anyway? I'm still on the fence about which one is better—they've both performed well, and I already have Coherent in my portfolio 👍

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Tenbagger-Capital@Tenbagger-Capital

3Settimana

@market_maverick_blbta @Raketentoni might find his new series interesting.
$AAOI vs. $LITE.

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Raketentoni@Raketentoni

3Settimana

@Tenbagger-Capital I've made a note of that

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