Lumentum, a leader in optical communication, is expected to have a full order book by 2028, benefiting from the demand for AI.

Lumentum, the leading optical communication company that has received investment from NVIDIA, stated that the demand for its optical communication components from large artificial intelligence data centers in the United States is accelerating, and orders are expected to be filled up until 2028. Lumentum is expanding its production capacity as quickly as possible, but still struggling to meet the demand. Its stock, traded on the Nasdaq, has surged more than 15 times in the past year. CEO Michael Hurlston said in an interview in Tokyo on Friday, "The capital expenditure of large U.S. data centers is very large, and it seems that there is no sign of a peak. Our supply is increasingly unable to keep up with demand. In less than two quarters, all of our orders for full year 2028 will be sold out." Hurlston said that the company is currently making efforts to retrofit existing electronic manufacturing facilities. Compared to building a factory from scratch, the production time of a new factory will be cut in half. He said that Lumentum will invest an additional $100 million in Japan, and this figure may increase to around $250 million.