Qualcomm and Lumentum shares rise on AI optical interconnect plans
Lumentum Holdings (LITE) and Qualcomm (QCOM) shares moved higher Monday, alongside Corning (GLW), after the companies revealed plans to demonstrate a high-density optical interconnect platform for next-generation AI infrastructure.
Lumentum Holdings NASDAQ:LITE and Qualcomm NASDAQ:QCOM shares advanced Monday after the companies, together with Corning NYSE:GLW, said they plan to demonstrate a high-density optical interconnect platform for next-generation AI infrastructure. The technology is intended to improve data transfer.