3 Photonics Companies Making Quantum Tech Possible
Lumentum, IPG Photonics, and nLight have posted strong YTD gains and revenue growth as photonics demand rises for AI, with analysts largely bullish on further upside for all three stocks.
Quick take
Read original at Yahoo Finance Lumentum Holdings, IPG Photonics, and nLight are gaining attention for their photonics technology, which powers AI data throughput and may support future quantum computing applications. Lumentum's stock has doubled year to date, with revenue growing nearly 90% year over year to $808 million. Analysts remain optimistic about the company's prospects despite its lofty valuation.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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