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, U.S. optical communications leader Lumentum rose 4% in pre-market trading, with the company's CEO stating that optical component capacity is "sold out" through early 2029. Boosted by this, Coherent rose over 3%, Corning, Ciena, and Credo rose over 2%, and Marvell Technology rose nearly 2%.