US Stock Market Movement: Lumentum Holdings surged on October 9 as part of its production capacity is sold out until early 2029 with strong demand for AI optical communications.
Bitget异动解读2026/10/09 08:05Lumentum Holdings October 9 Surge Analysis
Keywords: Some production capacity sold out until early 2029, AI optical communication demand
1. On October 9, the company’s CEO stated that part of the optoelectronic product capacity has been sold out until early 2029; about 70% of demand for some products next year still cannot be met, and there is still a 30% demand gap for some products until 2028.
2. On October 6, the company disclosed that its main business involves high-speed optical transceivers, optoelectronic components, and data interconnect solutions targeting AI and cloud computing data centers; the quarterly revenue run rate of the optical circuit switches has exceeded $100 million.
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