Lumentum Holdings Inc.: How It Is Leveraging Its Market Position To Build A Competitive Advantage!

Lumentum Holdings recently released their fiscal third-quarter results for 2024, revealing a strategic emphasis on expanding their market share in the cloud and networking sector, particularly in data center photonics fueled by the burgeoning demand for artificial intelligence (AI) and machine learning (ML). This involves critical high[1]performance photonics that facilitate data transmission across global networks, which is an essential feature given the exponential rise in compute requirements.