Lumentum Holdings experienced a strong upward trajectory as robust institutional appetite for artificial intelligence infrastructure suppliers swept through the optical networking sector. A primary driver of the advance was bullish sell-side research highlighting faster-than-anticipated deployment of co-packaged optics and optical circuit switching across hyperscale data centers. Financial analysts cited an expanding multi-billion-dollar total addressable market for optical switching architectures, positioning Lumentum as a core beneficiary. Furthermore, market reports emphasized Lumentum’s crucial supplier relationship with leading AI chipmakers who are accelerating…