LITE ▲ +4.4% - Lumentum Holdings Inc. $LITE Lumentum Holdings said its optical component production capacity is fully booked through early 2029 as AI data center demand outpaces supply. * Supply shortages: CEO Michael Hurlston said Lumentum cannot meet approximately 70% of demand for certain products through next year, with separate product lines facing a 30% shortfall through 2028. * AI infrastructure: Demand is concentrated in advanced indium phosphide photonic components used for high-speed data transmission in AI servers and cloud data centers. * Capacity expansion: Lumentum is accelerating production expansion but remains unable to meet customer demand. Its sold-out capacity outlook has extended from 2028 to early 2029 in just six months. 09-OCT-2026 05:57 AM ET