Lumentum, Coherent Rip Higher As Washington Targets Chinese Optical Transceivers
Lumentum and Coherent stocks surge as potential U.S. restrictions on Chinese optical transceivers spark supply tailwinds.
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Why It Matters
The United States may restrict Chinese optical transceivers, which are tiny devices that help send data. This could mean more business for American companies like Lumentum and Coherent that make similar products.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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