Lumentum Holdings - Hardware Manufacturer Massively Profits from AI Boom!
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Business Driver: Lumentum Holdings (LITE) has specialized primarily in optical components, sensors, and modules for high-speed communication networks. As a result, it is currently benefiting massively from the continued expansion of cloud and data center capacities in the context of the AI boom. Lumentum is also well-positioned in laser systems and 3D sensor solutions for industrial applications as well as in the medical technology sector. Most recently, it reported very strong results in Q1, with adjusted EPS of $1.11 (previous year: 18 cents),...
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