Lumentum Shares Rise as CEO Says Output Is Sold Out to 2029
Lumentum's optical components for AI data centers are booked through early 2029, with CEO Michael Hurlston crediting artificial intelligence demand for the backlog.
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- BenzingaLumentum Stock Rises After CEO Says AI Demand Has the Company Sold Out Through Early 2029
“Hank, you'd read a lottery win like a parking ticket. Sold out! Nobody ever got sold out of beans.”
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