US Stock Market Move | Light communication sector's many stocks surged, with Lumentum (LITE.US) rising by over 12%.

On Wednesday, several stocks in the optical communication sector saw significant increases. Applied Optoelectronics (AAOI.US) surged over 14%, Lumentum (LITE.US) rose over 12%, Coherent (COHR.US) increased by over 7%, and Corning Inc (GLW.US) rose over 3%. In terms of news, the OFC 2026 conference released signals of AI infrastructure demand, with companies like Applied Optoelectronics, Lumentum, and Coherent showcasing new products. Specifically, Applied Optoelectronics focused on showcasing their 25dBm ultra-high power ELSFP solution for the next generation AI infrastructure. Lumentum presented various network application solutions for horizontal scaling (Scale-out), vertical scaling (Scale-up), and cross-domain scaling (Scale-across). Coherent exhibited multiple Co-Packaged Optics (CPO) technologies, including a 6.4T silicon photonics CPO solution, a VCSEL-based multimode pluggable CPO, and a 400G silicon-based indium phosphide modulator.