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Stock impact report

A Look At Lumentum Holdings (LITE) Valuation After Its New AI Manufacturing Expansion In North Carolina [Yahoo! Finance]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Lumentum Holdings (LITE) caught investors' attention after detailing a large US manufacturing expansion in Greensboro, North Carolina, to produce indium phosphide based optical devices for AI data center customers. See our latest analysis for Lumentum Holdings. Those expansion plans land after a period of intense interest in Lumentum, with the share price climbing sharply over the past year, including an 82% year to date share price return and a very large 1 year total shareholder return. However, the 30 day share price return of a 2.86% decline suggests some momentum cooling in the short term following recent volatility around index changes and AI related contract news. If you want to see how other AI infrastructure names are trading alongside Lumentum's move into Greensboro, it is a good time to scan the market using our 35 AI infrastructure stocks With Lumentum now in the S&P 500, a record quarter, strong AI demand, and the stock trading at an intrinsic discount of about 1 Show less Read more
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