Lumentum Holdings Inc. said demand from US hyperscalers for its optical
components is accelerating rapidly, with its order book on track to be filled
through 2028. Chief Executive Officer Michael Hurlston said capital spending
from hyperscalers remains “enormous” with no clear end in sight, adding the
company is struggling to keep up with demand. He said Lumentum could be fully
sold out through 2028 within two quarters as capacity expansion continues to lag
orders.
