Deutsche Bank names LITE and COHR as AI hardware picks
Deutsche Bank names Lumentum Holdings (LITE) and Coherent (COHR) as its highest-conviction AI hardware picks, arguing for lasers and optical connectivity beyond GPUs.
Deutsche Bank is urging investors to look beyond GPUs for the next phase of the artificial-intelligence infrastructure boom, and says Lumentum Holdings NASDAQ:LITE and Coherent NYSE:COHR are its highest-conviction AI hardware picks. Analyst Gianmarco Conti said lasers and optical connectivity are becoming increasingly important as AI systems scale, according to the note.