US Stock Movement | Optical Communication Sector Rises, Lumentum (LITE.US) Up 8%

智通财经2026/07/20 14:36

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```htmlAccording to Jinzi Finance APP, on Monday, the optical communication sector rose. As of press time, Lumentum (LITE.US) was up 8%, Coherent (COHR.US) gained over 5.7%, Marvell Technology (MRVL.US) increased by over 3%, Applied Optoelectronics (AAOI.US) rose more than 2%, and Corning (GLW.US) was up over 1%. In terms of news, Barclays believes that although some companies have recently experienced share price corrections due to market concerns, the fundamentals surrounding the demand for AI network components remain solid, presenting a buying opportunity on dips. The fundamental driving force behind the sector's rise still comes from the strong demand brought by AI. From the industry chain feedback, investments in AI computing power continue to grow, directly driving the demand for products such as optical modules and optical devices.```

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