AI data center demand is booming, Lumentum (LITE.US) optical component orders are booked through 2029.

Zhito Finance APP has learned that as tech companies race to build high-speed AI data centers, Lumentum's (LITE.US) optical components are almost "sold out," with orders booked through early 2029. Lumentum CEO Michael Hurlston said in an interview in Tokyo on Friday that the company will be unable to meet about 70% of demand for some products next year, and will also be unable to meet 30% of demand for other products by 2028. Just six months ago, Hurlston also said Lumentum was on track to sell out its production capacity by 2028.