Coherent, Lumentum, Applied Optoelectronics Rise as Optics Sector Gains Momentum
Optical networking stocks Coherent (COHR), Lumentum (LITE), and Applied Optoelectronics (AAOI) are rising sharply amid strong datacenter revenue growth driven by 800G transceiver demand. The sector is gaining traction as hyperscalers increase AI-related capital expenditures.
Topics: AI infrastructure datacenter hyperscaler demand optics