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Understand How Coherent and Lumentum Bypass an AI Bottleneck With Optics
Quick Read Coherent (COHR) posted 34% revenue growth and Lumentum (LITE) surged 109% as AI clusters abandon copper wiring in favor of optical connectivity. Coherent anchors its full photonic stack to an NVIDIA (NVDA) partnership, while Lumentum owns the high-margin laser engine inside modules at 50% gross margin. LITE's 679% one-year run and a 43 forward P/E make …