Nvidia-Backed Lumentum Sees AI Filling Orders Through 2028

Lumentum Holdings Inc. said demand from the biggest US tech companies for its optical components is accelerating and on track to fill its order books through 2028.

“The capex numbers from the US hyperscalers are enormous and there seems to be no end in sight,” Chief Executive Officer Michael Hurlston said in an interview in Tokyo Friday. “We’re falling further and further behind the demand. We would be sold out though all of 2028 within two quarters.”