Lumentum Says AI Optical Parts Are Sold Out Through Early 2029
Lumentum CEO says AI optical parts are sold out through early 2029, with large supply shortfalls expected through 2028.
Lumentum CEO says AI optical parts are sold out through early 2029, with large supply shortfalls expected through 2028.
POET shares jumped after landing a $50M purchase order from Lumilens for next-gen AI optical tech. Their new Electrical-Optical Interposer platform could scale to $500M+ over 5 years.
POET stock fell after Marvell canceled orders over confidentiality issues, but the company still sees growth in AI tech.
POET stock jumped about 25% to $12.80 after news it supplies Marvell. It has more than doubled in 9 trading days.
Wolfpack shorts POET, calling it hype-driven with low revenue, heavy dilution, PFIC tax risks, and urgent IRS filing warning.
POET Technologies shares surge toward multi-year highs after its flagship Teralight product wins a major innovation award and call option activity spikes.