LITE
$649.56
Lumentum Holdings Inc.
Recent News
Lumentum Stock Jumps. The Market Is Making the Most of Nvidia’s Mixed Messages.
Lumentum stock and Coherent were moving following Nvidia CEO Jensen Huang’s comments that his company will continue to use copper cables.
Lumentum and Coherent Stocks Fall After Nvidia Signals Copper Preference
Optical Stocks Sink as Nvidia Doubles Down on Copper Strategy
Uber Stock and More Winners and Losers of Nvidia GTC 2026
Nvidia itself was, oddly enough, one of the technology stocks moving the least after CEO Jensen Huang’s keynote address at the chip maker’s GTC conference on Monday afternoon. “We did learn a lot I guess, but just seems to me the previews, hype and anticipation all well exceed the actual near term impact and stock moves into and out of the event,” wrote Jordan Klein, an analyst at Mizuho Securities, in a note Tuesday. The muted reaction from Nvidia and the wider tech sector doesn’t mean no stocks were reacting.
Nvidia’s GTC 2026 Arrives: Six Key Things Investors Are Watching Out For
Chipmaking giant Nvidia’s (NVDA) closely followed four-day GPU Technology Conference (GTC) 2026 is set to commence later today with a keynote address from CEO Jensen Huang. Analysts and investors alike are looking for updates on several key areas from the annual developer conference. This includes a possible announcement on an inference chip with Groq, a roadmap for the Vera Rubin successor Feynman, a strategy to rival Intel (INTC) and Advanced Micro Devices (AMD) in the central processing unit
Nvidia Says It Will Use Both Copper and Optical Networking
Shares of fiber-optic companies tumbled early Tuesday after Nvidia chief executive Jensen Huang said the company intends to use both copper and optical networking—not one at the expense of the other. “For everybody who is in our ecosystem, we need a lot more capacity,” Huang said at Nvidia's GTC conference in San Jose, Calif., on Monday. Corning, Lumentum, Coherent, and Applied Optoelectronics all fell by more than 5% Tuesday morning before recovering some.