With a market cap of $83.5 billion, Lumentum Holdings Inc. (LITE) is a global leader in optical and photonic technologies supporting AI, cloud computing, and next-generation communications. The company provides high-performance lasers, modules, and optical subsystems for data center connectivity, telecom networks, industrial manufacturing, and sensing applications.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Lumentum fits this criterion perfectly. Lumentum operates research, manufacturing, and sales facilities worldwide.