Lumentum, Coherent, Fabrinet to benefit from growing optical transceiver market

4 hours ago 1
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Needham is bullish on Lumentum Holdings (NASDAQ:LITE), Coherent (NYSE:COHR), and Fabrinet (NYSE:FN) as the firm sees the companies reaping dividends from an expected 50% year-over-year growth in optical transceiver sales in 2025.

The firm projects those sales could reach ~$15B in

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