Lumentum's stock surges over 45% in a month as AI-driven demand from hyperscalers and Nvidia's $2 billion optics commitment fuel backlog growth through 2028.

Lumentum Holdings (LITE) received substantial AI-driven orders from U.S. hyperscalers that filled its backlog through 2028

Nvidia committed $2 billion plus additional multibillion-dollar purchases for high-performance optical components

Stock has rallied 45.64% over the past 30 days and 132.39% year-to-date, with 1-year total shareholder returns exceeding 1,600%

Renewed investor focus on AI optics demand is driving significant valuation gains for the company