In its first-quarter 2026 investor letter, Columbia Global Technology Growth Fund highlighted Lumentum Holdings Inc. (NASDAQ:LITE).
Lumentum Holdings Inc. (NASDAQ:LITE) is a leading technology company that manufactures and sells optical and photonic products
On June 15, 2026, Lumentum Holdings Inc. (NASDAQ:LITE) closed at $957.24 per share. One-month return of Lumentum Holdings Inc. (NASDAQ:LITE) was -0.76%, and its shares gained 922.99% over the past 52 weeks. Lumentum Holdings Inc. (NASDAQ:LITE) has a market capitalization of $74.47 billion.
Columbia Global Technology Growth Fund stated the following regarding Lumentum Holdings Inc. (NASDAQ:LITE) in its Q1 2026 investor letter: “Lumentum Holdings Inc. (NASDAQ:LITE) surged during the first quarter and the company was added to the S&P 500 Index, as the optical and photonic components maker emerged as one of the market’s clearest AI-infrastructure winners. The quarter’s most significant development was Lumentum’s receipt of a several-hundred-million-dollar order for co-packaged optics deliverable in the first half of 2027, alongside a rapidly expanding optical circuit switch backlog, as hyperscalers raced to address the critical optical interconnect bottleneck limiting AI cluster scaling. NVIDIA’s announcement of a $2 billion strategic investment and multi-billion-dollar purchase commitments for Lumentum’s advanced laser components validated the company’s mission-critical role in the AI infrastructure stack.