Key Points Lumentum stock has surged phenomenally over the past year, and the good news is that it can continue to soar. Lumentum will benefit from strong demand for optical networking and a tight supply environment. The company's terrific earnings growth potential indicates that it can make investors richer over the next three years. 10 stocks we like better than Lumentum › Artificial intelligence (AI) data center demand isn't slowing down any time soon, as major hyperscalers and AI companies need to satisfy the huge contractual backlogs they're carrying. Forbes reports that hyperscalers and AI companies have more than $3 trillion in purchase commitments and uncommenced leases.
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