US after-hours trading rebounds for semiconductor, optical communication, and storage-related concepts; LITE's CEO states that all optical device production capacity will have been fully sold out by early 2029.

According to market data from BIT (bit.com), semiconductor, optical communications and storage concepts rebounded in U.S. after-hours trading. Applied Optoelectronics (AAOI) rose nearly 5%, while Lumentum (LITE) gained 3%. Michael Hurlston, CEO of leading optical communications firm Lumentum, said today that as tech companies race to build faster AI data centers, the company’s optical component production capacity has been fully booked through early 2029. For some products, about 70% of demand w

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