US Stock Movement | Ahead of the GTC and OFC conferences, the market focuses on optical communication concept stocks, with Lumentum up over 9%

Glonghui, March 10｜Optical communication concept stocks surged, with Applied Optoelectronics up 11.6%, Lumentum up 9.5%, Coherent up nearly 7%, Ciena up 6.7%, and Corning up 5.4%. In terms of news, the NVIDIA GTC Conference and the Optical Fiber Communication Conference and Exhibition (OFC) in the United States will be held next week. Optical interconnect technology has recently become a market focus, as it enables communication between GPU clusters with high bandwidth, low loss, and low latency. According to a research report by Bank of America, as AI workloads place higher demands on the performance of traditional copper conductors, the optical interconnect market size is expected to quadruple to $73 billion by 2030. Analyst Vivek Arya predicts that NVIDIA will lead this transformation and may become the first integrated system supplier to replace traditional copper-based server backplanes with CPO.