Lumentum Sets Up After 148% Gain; AI Summer Swoon Yields New Buy Point

Lumentum (LITE) stock scaled an almost vertical wall in the heyday of the artificial intelligence trade in 2025 and early 2026. As investors rotated out of tech names over this summer, this star among data center infrastructure names passed a technical test by finding support at its 200-day moving average while carving a base. Other metrics also suffered minimal damage,…