Nvidia-backed Lumentum sold out of AI server parts till 2029

What happened: Lumentum's optical components are completely sold out through early 2029 on AI data center demand, CEO Michael Hurlston said in Tokyo. Key numbers: 70% of demand for some products unmet through next year; 30% for others through 2028; $2 billion Nvidia investment; analysts expect sales to more than double this year. Why it matters: The shortage shows AI infrastructure demand outpacing supply, and the sold out timeline moved up from 2028 six months ago. Coverage: 4 outlets in 24h

Lumentum's optical components are completely sold out through early 2029 on AI data center demand, CEO Michael Hurlston said in Tokyo.

The shortage shows AI infrastructure demand outpacing supply, and the sold out timeline moved up from 2028 six months ago.