semiconductor / news / / Finbold
Lumentum Holdings (NASDAQ: LITE) is outpacing major AI players such as Nvidia.
Lumentum shares have surged 121% year-to-date, outperforming Nvidia and other major AI stocks.
KEY POINTS
- 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
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