Lumentum and Applied Optoelectronics Fall 4% as Microsoft Pushes Back on Ban on Chinese Optical Parts; Coherent Holds Steady
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The post Lumentum and Applied Optoelectronics Fall 4% as Microsoft Pushes Back on Ban on Chinese Optical Parts; Coherent Holds Steady appeared first on 24/7 Wall St..
Two U.S. optical suppliers that have fueled the expansion of AI data centers are losing ground as AI hardware stocks retreat and a fight over Chinese transceivers reaches the White House. Lumentum (NASDAQ:LITE) stock is at $623.58 in Thursday’s afternoon trading, down 4%. Applied Optoelectronics (NASDAQ:AAOI) stock is trading
Two U.S. optical suppliers that have fueled the expansion of AI data centers are losing ground as AI hardware stocks retreat and a fight over Chinese transceivers reaches the White House. Lumentum (NASDAQ:LITE) stock is at $623.58 in Thursday’s afternoon trading, down 4%. Applied Optoelectronics (NASDAQ:AAOI) stock is trading
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