Lumentum Holdings Inc.

Lumentum makes the light-based components that carry data through the internet's backbone and, increasingly, inside AI data centers. Spun off from JDSU in 2015, it manufactures the lasers, optical chips and modules that convert electrical signals into light and back, technology essential to fiber-optic networks and to the high-speed links wiring together AI accelerators. That data-center demand has become the key part of its story, overshadowing an older business supplying lasers for industrial manufacturing and 3D sensing in consumer devices. Based in San Jose, California, Lumentum is a component supplier, which means its fortunes hinge on the spending cycles of its large customers and on winning designs into the next generation of networking gear. The stock has become an AI-optics play, prone to sharp swings as investors reassess how much of the data-center buildout will flow into its specialized parts.

On MyRWA, LITE trades tokenized across 25 on-chain venues - see the listings below.