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Lumentum Is the S&P 500’s Top Performer Today. Here’s Why.
Barrons.com26d agobullish
Lumentum Is the S&P 500’s Top Performer Today. Here’s Why.

Lumentum Holdings was among the hottest names in the artificial-intelligence trade at the start of the year. After a couple rocky months, it is time to buy, according to Barclays. The firm upgraded Lumentum shares to Overweight from Equal Weight and reiterated a price target of $1,000 in a research note Monday.

These 7 Stocks Will Solve AI’s Most Important Bottleneck
24/7 Wall St.47d agoneutral
These 7 Stocks Will Solve AI’s Most Important Bottleneck

Artificial intelligence has no shortage of obstacles. The industry is scrambling to secure enough electricity to power new data centers, enough land to build them, and enough high-bandwidth memory (HBM) to keep next-generation chips fed with data. Yet another constraint is emerging that could prove just as important: moving information between those chips fast enough ... These 7 Stocks Will Solve AI’s Most Important Bottleneck

Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US
Reuters68d agoneutral
Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US

Amazon said on Monday it has signed a multi-billion-dollar deal with specialty glass ‌maker Corning aimed at boosting U.S. production ‌of optical fiber and connectivity products that are used in data ​centers. Amazon, however, did not disclose any further financial details on the partnership. Shares of Corning rose about 7% in early trading, as the partnership came as a fresh ‌boost to the ⁠company's fast-growing fiber optics unit, at a time when weak consumer electronics demand has ⁠weighed on the segment that makes Gorilla glass.

Corning Rallies On Amazon Deal
Investor's Business Daily68d agobullish
Corning Rallies On Amazon Deal

Corning stock rallied on news of a major agreement with Amazon as part of the tech giant's data center expansion.

Investing.com68d agobullish
Corning stock surges 10% on multibillion-dollar Amazon deal

Investing.com -- Corning (NYSE:GLW) shares jumped 10% Monday after Amazon (NASDAQ:AMZN) announced a multiyear, multibillion-dollar agreement with the company to supply optical fiber, cable, and connectivity solutions for Amazon’s expanding data center infrastructure across the United States.

Investing.com74d agoneutral
Huang’s copper-vs-optics call sends optical stocks surging

Huang's remarks crystallized a hierarchy that Wall Street is now pricing in aggressively. "We should use copper as much as we can, for as long as we can, but copper has its limits," he said. "The right strategy is to scale up with copper as long as you can — after that you scale up further with optics, you scale out with optics and you scale across with optics. So you use optics wherever you must, you use copper wherever you can."