# Lumentum Holdings (NASDAQ: LITE) is outpacing major AI players such as Nvidia.

*semiconductor · news · 2026-04-08 · Finbold*

## Key points

- Lumentum shares have surged 121% year-to-date, outperforming Nvidia and other major AI stocks.
- Nvidia made a $2 billion strategic investment in Lumentum in March 2026 for lasers and optical interconnects.
- Lumentum's fiscal Q2 2026 revenue rose 65.5% year-over-year, with sold-out transceiver orders through 2027.
- Lumentum was added to the S&P 500 on March 23, boosting trading volumes by over 40%.
- Optical component stocks are rallying as AI data centers shift from copper to high-bandwidth optical connections.

**Companies:** Nvidia, Lumentum Holdings
**Countries:** United States

[Read the full story on Finbold](https://finbold.com/this-ai-stock-has-dwarfed-nvidia-with-over-120-returns-in-2026/)

---

Canonical: https://newsio.io/n/876b0b2b-2ebd-44f9-a75e-7b12634b335f/lumentum-holdings-nasdaq-lite-is-outpacing-major-ai-players-such-as-nvidia
Summarized by Newsio from Finbold. https://newsio.io/how-it-works