$Lumentum(LITE)$ Daniel Newman, CEO of Futurum Group, revised his AI data center capex estimate to $14 trillion by 2030. LITE should keep delivering blowout earnings at least through 2030. I see this pullback as a buying opportunity. The stock likely has a lot more upside from here.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
