Lumentum Holdings (LITE) Fell In The AI Optics Selloff, Is It Still Undervalued?

Lumentum stock reaction to AI optics selloff and earnings setup Lumentum Holdings (LITE) has been in focus after the stock fell 16% over the past week during a broad selloff in AI optics names following a hotter September inflation report. The move comes just ahead of Lumentum's November 4 fiscal first quarter update. Management has already guided revenue above the prior quarter and highlighted strong demand for AI optical components through early 2029. Lumentum Holdings has seen momentum...