JPMorgan sees more upside for this AI data center play, fueled by 'exceptional earnings growth'

Lumentum is likely to see its shares rise due to strong demand for its high-speed networking equipment, 3D sensors and industrial lasers used in AI data centers. That exposure to AI infrastructure could drive revenue and margin upside, supporting a positive re-rating for the stock in the near term.

Analysis

Lumentum is likely to see its shares rise due to strong demand for its high-speed networking equipment, 3D sensors and industrial lasers used in AI data centers. That exposure to AI infrastructure could drive revenue and margin upside, supporting a positive re-rating for the stock in the near term.