Lumentum: AI's Optical Game Changer
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Show Notes
Lumentum, an unsung hero in the AI game, has seen its stock skyrocket nearly 1000% as big cloud players invest in networks for AI workloads. The companys optical gear, including lasers, photonic chips, and switches, addresses the data flood issue in data centers, enabling faster and greener data transfers. Despite past challenges, analysts predict a massive turnaround, with revenue forecasted to reach $6.4 billion by 2028 and earnings per share potentially leaping to $16.48. While priced at 147 times earnings, Lumentums potential in the AI market makes it an interesting play for patient investors.
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