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$LITE Is Up More Than 1,000% In One Year. Why Almost Nobody Saw It Coming.
While most investors were busy chasing the latest AI software companies, one of the market's biggest winners was quietly hiding in plain sight. Lumentum Holdings (NASDAQ: LITE) has delivered one of the most remarkable stock market runs of the AI era. The stock has gained roughly 1,000% over the past year, with multiple market data providers showing returns exceeding 1,000% and, in some cases, over 1,100% depending on the measurement period. Even more surprising? Within the past week alone, LITE surged nearly 20% as investors piled into companies supplying the infrastructure behind artificial intelligence. Recent trading sessions saw the stock jump more than 13% in a single day after renewed optimism around AI networking and optical technologies. So what exactly does Lumentum do? And why is Wall Street suddenly obsessed with it? The Company Behind The AI Boom That Most People Don't Know Lumentum isn't building chatbots. It isn't selling AI subscriptions. And ...