Lumentum's stock jumped 14% following a strong fiscal Q4 report showing revenue up 109% year over year and better-than-expected earnings. The company highlighted growing demand for co-packaged optics from NVIDIA, expected in late 2027, and expanding markets with near-package optics. Management emphasized Lumentum's central role in the AI data center shift, with significant backlog and capacity expansion underway. Meanwhile, Marvell Technology also showed strong AI-related growth, partnering with Microsoft on custom silicon, boosting its stock by over 180% in the past year. Investors should watch upcoming earnings and product ramp milestones for both companies as they capitalize on AI infrastructure demand.
Broadcom reported $22.2 billion in quarterly revenue, with $10.8 billion from AI chips, showing a 143% year-on-year growth and projecting over $100 billion AI revenue by 2027. Marvell posted $2.418 billion, focusing on data center chips, with plans t...
Reddit will join the S&P 500 later this month, prompting a premarket stock rise of about 11% due to expected index fund buying. However, historical data shows that many recent S&P 500 additions experience an initial price jump followed by declines or...
NVIDIA invested $2 billion in Marvell Technology, boosting Marvell shares by 12.42% in one day and 131% since the deal. This partnership integrates Marvell into NVIDIA's AI ecosystem, targeting AI infrastructure and 5G/6G deployments, driving Marvell...
Jim Cramer is highlighting semiconductor stocks as key investments due to strong earnings driven by AI infrastructure demand. Major players like NVIDIA, AMD, Broadcom, Qualcomm, and Marvell show varied strengths: NVIDIA and AMD lead in merchant GPU c...
Lumentum's shares remain steady as the company reports a 109% revenue increase driven by rising demand for pump lasers used in AI data center interconnects. CEO Hurlston highlighted that just one hyperscaler's new AI network could double global backb...
