LITE
NASDAQ
Communications
$732.82
USD
+$26.59 (+3.77%)
At close: Jul 17, 2026, 4:00 PM EDT
Market Cap:
$54.13B
Volume:
4.9M
Previous Close
$706.23
Day Range
$650.82 - $747.00
52 Week Range
$97.55 - $1085.68
Average Volume (10 Days)
4.0M
P/E Ratio (TTM)
123.05
Dividend Yield
—
Lumentum Holdings, Inc. engages in the provision of optical and photonic products. The company is headquartered in San Jose, California and currently employs 10,562 full-time employees. The company went IPO on 2015-07-23. Its segments include Cloud & Networking and Industrial Tech. The Cloud & Networking segment products include a comprehensive portfolio of optical and photonic components, modules, and subsystems supplied to cloud and communications network operators and network equipment manufacturers building cloud data center infrastructure, including products for artificial intelligence and machine learning (AI/ML) and data center interconnect (DCI) applications, and communications service provider networks, including products for access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) network infrastructure. The Industrial Tech segment products include solid-state lasers, kilowatt-class fiber lasers, diode lasers, ultrafast lasers, and gas lasers, which address applications in numerous end-markets.
CEO
Mr. Michael Hurlston
Headquaters
San Jose, CALIFORNIA, US
Founded
2015
Employees
10,562
Apple announced a major Siri overhaul powered by AI at its WWDC conference, integrating Google Gemini technology for smarter, more conversational assistance. However, the new features require significant processing power and memory, making them incompatible with most iPhones in use today. For Lumentum, a supplier of optical components to Apple, this creates a potential near-term headwind as the upgrade incentive may be limited by economic uncertainty and longer device replacement cycles.
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Nvidia announced a long-term partnership with Corning to expand U.S. optical connectivity manufacturing for AI infrastructure. Nvidia invested $500 million upfront through pre-funded warrants, with options to reach $3.2 billion total. Corning will build three new plants in North Carolina and Texas, increasing U.S. optical capacity tenfold.
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Nvidia announced a long-term partnership with Corning to expand U.S. manufacturing of optical connectivity systems for AI infrastructure. Nvidia purchased $500 million in warrants and may invest up to $3.2 billion total, while Corning will build three new plants in North Carolina and Texas, increasing U.S. optical capacity tenfold and creating over 3,000 jobs.
AAOI
Applied Optoelectronics Inc
$102.41
+2.2%