Lumentum says photonic component production capacity is nearly sold out and will continue until 2029.
智通财经2026/10/09 01:16As tech companies race to build faster AI data centers, Lumentum stated that its optoelectronic components capacity has been almost fully booked, a situation expected to continue until around 2029. Earlier this year, Nvidia invested $2 billions in the company. Lumentum mainly supplies advanced indium phosphide devices, which help enable high-speed cloud computing and data transmission. Lumentum CEO Michael Hurlston said that next year the company will be unable to meet about 70% of product demand, and 30% of demand will remain unmet until before 2028. Hurlston previously mentioned that the company is expected to have its capacity sold out before 2028. He said, "We are doing our best to catch up and expand capacity as quickly as possible, but compared to customer demand, we are still far behind. Our capacity is already completely sold out, and there is no sign of this ending in the short term."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Skydance CEO Promises Wins Across Paramount-Warner, But Can It Cut Debt Down to 3x Leverage?
US Crude Oil: Range-bound volatility, buy on dips, sell on rallies
(1) Analysis: Shipping disruptions in the Strait of Hormuz and the shutdown of approximately 1.3 million barrels per day of crude oil production in the Gulf of Mexico are supporting a supply risk premium; however, signals of dialogue between the US and Iran are limiting further upside in oil prices, which are currently still in a low-level consolidation phase, mainly awaiting a stress test. (2) Key Focus: Geopolitical situation, inventory data, US dollar index, global crude oil supply, and OPEC+ policy. (3) Resistance: 91.00, 91.50, 92.00 (4) Support: 90.00, 89.00, 88.00
Spot gold: Range-bound fluctuations, sell on rallies, buy on dips
Reason for analysis: Spot gold rebounded near a two-month low, but the Federal Reserve meeting minutes show that most officials believe it may continue to raise interest rates this year. The strengthening of the US dollar and high US Treasury yields still exert pressure. The easing of tensions between the US and Iran has reduced some safe-haven demand. After technical indicators became oversold in the short term, there was a corrective rebound, but a reversal has not yet occurred, so the range-bound strategy is maintained. Key focus: US Treasury yields, US Dollar Index, geopolitical situation Resistance: 4200, 4230, 4270 Support: 4130, 4100, 4070
Shell announces completion of evacuation from five platforms including Appomattox
Shell (SHEL.US): The evacuation of the Appomattox, Mars, Ursa, Olympus, and Vito platforms has been completed.
Crypto prices
More
