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Lumentum (LITE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The massive growth in the global semiconductor industry, fueled by automotive, AI, IoT, memory and networking markets, is set to benefit PI, SYNA, LITE and FORM stocks.
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, announced today that its near-term and net-zero science-based targets for greenhouse gas (GHG) emissions have been approved by the Science-Based Targets initiative (SBTi). This approval highlights the company's ambitious goals to reduce GHG emissions based on the latest climate science an.
Lumentum, IPG Photonics and MicroVision have been highlighted in this Industry Outlook article.
The Zacks Laser Systems and Components industry participants, such as LITE, IPGP and MVIS, gain from solid demand for applications like Generative AI, autonomous driving, IoT, 5G and healthcare.
Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Artificial intelligence stocks are jumping in morning trading after President Trump announced a $500 billion AI infrastructure plan yesterday.
Although short-term challenges persist, LITE's long-term growth potential on the back of a robust AI infrastructure makes the stock worth holding.
Nvidia stock has been one of the biggest winners of the artificial intelligence (AI) revolution in the past couple of years, clocking remarkable gains of nearly 800% over the past two years on account of the red-hot demand for its data center graphics cards, but the past three months have been difficult for the chipmaker.
I reiterate my buy rating for Lumentum Holdings due to its strong growth potential. LITE's direct relationships with hyperscalers enhance collaboration and customization, providing a competitive advantage and revenue visibility. Recent design wins with Tier-1 hyperscalers validate LITE's product capabilities.