Lumentum Holdings (LITE) Climbs 8.8% on AI Optimism, Expansion [Yahoo! Finance]
Lumentum Holdings Inc. (LITE)
Last lumentum holdings inc. earnings: 2/4 07:30 am
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Source: Yahoo! Finance
Lumentum Holdings rallied for a second day on Wednesday, jumping 8.81 percent to close at $764.65 apiece, as investors poured funds back into artificial intelligence stocks, supported by its planned manufacturing expansion in the US. In a statement earlier, Lumentum Holdings Inc. (NASDAQ:LITE) said that it recently acquired a new 240,000-square-foot facility from chipmaker Qorvo, which it will redevelop for the production of its indium phosphide (InP)-based optical devices. The facility is currently operational and was selected for its highly skilled workforce, robust infrastructure, and supportive federal and state economic development environment. Lumentum Holdings (LITE) Climbs 8.8% on AI Optimism, Expansion asharkyu/Shutterstock.com Part of the agreement includes the transfer of Qorvo's workforce to Lumentum Holdings Inc. (NASDAQ:LITE). Nvidia Corp. will also serve as a customer of the facility and help expand the US critical infrastructure and support research and de
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News
- Lumentum's Path to $1,000 per Share Runs Straight Through the AI Optics Boom [Yahoo! Finance]Yahoo! Finance
- Q1 2026 Recap [Seeking Alpha]Seeking Alpha
- Lumentum: The AI Optics Catalyst Is Just Getting Started [Seeking Alpha]Seeking Alpha
- Cramer's Stop Trading: Lumentum [CNBC]CNBC
- S&P 500 logs weakest Q1 performance since 2022 - here's what drove the moves [Seeking Alpha]Seeking Alpha
LITE
Earnings
- 2/3/26 - Beat
LITE
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/3/26 - Form 4
- 3/2/26 - Form 4
- LITE's page on the SEC website