🟢 Lumentum is trading 4.04% up in pre-market as AI demand keeps optical capacity sold out

Lumentum is trading at $1,091.00, up 4.04%, as AI data-center demand outpaces optical-component supply.

• CEO Michael Hurlston said optical-component capacity is sold out through early 2029.
• Bloomberg reported some product demand will remain unmet into 2028, extending the sell-out outlook from the previously expected 2028 timeframe.
• Optical peers reportedly rebounded pre-market; broader index futures are higher, but Lumentum’s demand and capacity update is the clearest catalyst.