Lumentum is trading at $1,120.48, up 6.86%, as AI data-center demand exceeds optical-component supply.
- CEO Michael Hurlston said capacity is sold out through early 2029, with customers already booking orders for 2030.
- Some products will still face substantial unmet demand through 2028. Bloomberg reported the comments on October 9, 2026.
- The move follows an October 8 close of $1,048.60; volume data was not provided.