LITE Jul 2024 42.500 put
- Zacks
Zacks Industry Outlook Highlights Lumentum and MicroVision
Lumentum and MicroVision have been highlighted in this Industry Outlook article.
- South China Morning Post
AI seen as driving further growth at Hong Kong fibre optics start-up Cloud Light after acquisition by US firm
Cloud Light Technology, a maker of optical modules based out of the government-backed incubator Hong Kong Science and Technology Parks (HKSTP), anticipates a steady 50 per cent annual growth rate after its acquisition by a US company owing to the artificial intelligence (AI) boom that is boosting data centre demand. The 6-year-old start-up is a manufacturer of fibre-optic transceivers, a device used in data centres to transmit data over fibre optic cables. The company was acquired last November
- Zacks
2 Laser Systems Stocks to Watch in a Challenging Industry
The Zacks Laser Systems and Components industry participants like Lumentum Holdings (LITE) and MicroVision (MVIS) gain from solid demand for applications like Generative AI, autonomous driving, IoT, 5G and healthcare amid challenging macroeconomic conditions.
