US Stock Movers | Optical Communication Concept Stocks Continue to Rise Pre-market, 2026 "OFC Conference" Releases Strong Demand Signals

LootboxPhobia · 2026-03-20T09:39:10+00:00

The optical communications sector continued to rise in pre-market trading on US stocks, with Lumentum and Coherent both gaining over 1%. At the 2026 Optical Fiber Communications Conference held in Los Angeles, industry leaders are strengthening their plans to expand production capacity for optical module core components to meet growing AI computing power demand. Lumentum forecasts that the optical interconnect market will reach $90 billion by 2030.

LootboxPhobia

2026-03-20 09:39:10

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Gelonghui March 20 | U.S. stock light communication sector continues to rise before the market opens, with Lumentum and Coherent both up over 1%. According to recent news, the Optical Fiber Communication Conference and Exhibition (OFC) was officially held at the Los Angeles Convention Center, featuring industry leaders such as Lumentum, Coherent, and Applied Optoelectronics. This year’s OFC sent a strong signal: the explosive growth in AI computing power demand is driving a comprehensive overhaul of data center optical and electrical network architectures.

At the conference, all optical communication manufacturers emphasized plans to expand production of core optical module components and materials. Lumentum stated that by the end of 2026, the capacity of electro-absorption modulated lasers (EML) will increase by over 50% compared to 2025. Lumentum also forecasted that by 2030, the global potential market size for optical interconnect technology will grow from approximately $18 billion to $90 billion.

Additionally, Stifel raised Coherent’s target price from $235 to $275, maintaining a “Buy” rating. (Gelonghui)

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