Nvidia-Backed Lumentum Sees Optoelectronic Parts Sold Out to 2029
· Technology · Bloomberg, The Japan Times
Lumentum Holdings Inc. reports that its optoelectronic parts are completely sold out through almost 2029 due to soaring demand from technology companies expanding AI data centers. The company supplies advanced indium phosphide devices that enable high-speed cloud computing and data transmission. Earlier this year, Lumentum received a $2 billion investment from Nvidia Corp. alongside rival Coherent Corp. The surge reflects intense industry-wide pressure to secure critical hardware components for artificial intelligence infrastructure.
Why it matters
The capacity backlog highlights severe supply constraints in the semiconductor and optical hardware sector as major technology companies race to build out infrastructure for artificial intelligence.
Read the original report — Bloomberg
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