Optical stocks like Lumentum and Applied Optoelectronics are rising sharply due to their key role in AI infrastructure, with Lumentum up 4% and Applied Optoelectronics up 3%. Analysts highlight optics as a critical bottleneck in AI expansion, especially with expected U.S. import restrictions on Chinese optical transceivers in early 2027, which could limit supply and benefit U.S. makers. Lumentum reports strong demand and supply shortages through 2029, while Coherent, despite smaller stock gains, is investing heavily to expand production capacity. Upcoming earnings reports from Lumentum and major AI spenders like Microsoft and Alphabet will provide further insight into AI-driven optics demand and supply dynamics.
Lumentum and Applied Optoelectronics are trading up on Pluang, with Lumentum at USD 898.56, up 3.74%, and Applied Optoelectronics at USD 79.49, up 3.30%. Corning also gained 4.07% to USD 131.50, while Coherent remained flat at USD 235.79. These prices reflect active investor interest as of Oct 29, 2026 00:22 WIB.
Lumentum Holdings led the S&P 500 gainers on Monday with its stock rising 8.2%, signaling a rebound in optical stocks after recent declines. Other optical companies like Coherent and Ciena also saw significant gains, climbing 5.8% and 4.9% respective...
Lumentum is experiencing unprecedented demand fueled by AI-driven compute growth and its strong position in advanced lasers. However, its expansion is constrained by limited indium phosphide fabrication capacity. Management aims for $40 adjusted EPS ...
StoneX initiated coverage of Lumentum with a Buy rating and a $1,200 price target, driving an 8% jump in Lumentum shares. This boost lifted other optical networking stocks like Applied Optoelectronics and Coherent by around 6%, signaling renewed inve...
