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Lumentum forecasts sales more than doubling on rising AI demand

The company said its forecast points to a sharp sales rebound, even as the stock was little changed immediately after hours.

Reported · Written up by our desk · Guidance

Lumentum expects sales to more than double, citing strengthening demand tied to artificial intelligence, according to MarketWatch.

MarketWatch reports the company also delivered blowout results alongside an upbeat outlook, but shares were largely flat after hours.

The market reaction suggests investors were focused on how the AI-driven ramp will translate into near-term performance, even with the stronger forecast.

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