Bloomberg Technology·2 min read

‘Market’s Latest Shiny Objects’: Optical Stocks Get AI Momentum

Optical stocks surge as AI demand grows.

Optical component manufacturers are becoming the latest favorites among investors as the demand for AI infrastructure grows. Companies such as Applied Optoelectronics, Lumentum, and Coherent are seeing their stock prices soar this year, driven by the essential role their products play in data centers that require higher bandwidth to support rising AI applications.

Key Takeaways

  • 1.

    Applied Optoelectronics, Lumentum, and Coherent have seen significant stock price increases this year.

  • 2.

    The demand for optical products is driven by the rising need for bandwidth in data centers.

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‘Market’s Latest Shiny Objects’: Optical Stocks Get AI Momentum | Trace