US stocks fluctuate | Optical communications sector rises, Lumentum (LITE.US) up 8%

According to Zhitong Finance and Economics APP, on Monday, the optical communication sector rose. As of the time of publication, Lumentum (LITE.US) rose by 8%, Coherent (COHR.US) rose by over 5.7%, Marvell Technology (MRVL.US) rose by over 3%, Applied Optoelectronics (AAOI.US) rose by over 2%, and Corning (GLW.US) rose by over 1%. In terms of news, Barclays believes that although the stock prices of some companies have experienced a pullback due to market concerns, the fundamental demand for AI network components remains strong, providing an opportunity for buying on dips. The fundamental driving force behind the sector's rise still comes from the strong demand brought by AI. From feedback in the industry chain, AI computing power investment continues to grow, directly driving demand for products such as optical modules and optical components.