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.

By David Moadel Tue, June 2, 2026 at 7:43 PM GMT+3 4 min read · Yahoo Finance ·

Coherent, Lumentum, Applied Optoelectronics Rise as Optics Sector Gains Momentum

Tickers: $AAOI $COHR $LITE

Topics: AI infrastructure datacenter hyperscaler demand optics

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