Lumentum Holdings Inc. - Common Stock (LITE)

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.

Lumentum Holdings (NASDAQ:LITE) has outperformed the market over the past 5 years by 45.61% on an annualized basis producing an average annual return of 57.1%. Currently, Lumentum Holdings has a market capitalization of

Nvidia became a trillion-dollar stock thanks to its leadership in the GPU market.

The first wave of AI investing focused on companies building powerful processors. But as AI systems become larger, a different challenge is emerging: moving massive amounts of data between those processors.

Fabrinet is well-positioned as a manufacturing specialist for major tech companies, focused on optics and photonics, the future of AI.

Optical networking is becoming the next bottleneck in the AI infrastructure space, and that's great news for these three companies.