US optical communications sector rebounds in pre-market trading, Lumentum says optical component capacity is "sold out" through early 2029

Odaily Report: According to MSX.COM data, Lumentum, a leading US optical communications company, rose 4% in pre-market trading after its CEO said optical component capacity has been "sold out" through early 2029. Boosted by this, Coherent gained over 3%, while Corning, Ciena, and Credo rose more than 2%, and Marvell Technology climbed nearly 2%.