$Lumentum(LITE)$ Lumentum is leading an AI optics selloff, just days after its CEO said its AI optical components are sold out through early 2029. This week it's at the OCP Global Summit demoing PCIe-over-optics with Astera Labs and Corning. The selling looks like positioning after a massive run. The demand picture hasn't changed. $Astera Labs, Inc.(ALAB)$ $Corning(GLW)$
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