SemiVision 🇹🇼 👁️👁️(@semivision_tw):#Lumentum’s laser supply crunch is getting worse. In April, CEO Michael Hurlston told Bloomberg that products were essentially sold out through 2027, despite capacity expansion in Japan and a new U.S. wafer fab acquisition. Six months later, the outlook is even tighter: • Some products are shipping 30% below demand. • Shortages could extend into 2028. • 2029 capacity is already nearly sold out. • Another product category could face a 70% supply shortfall next year. The real bottleneck isn’t demand. It’s laser wafer fab capacity. In just six months, the sold-out horizon has shifted from 2027 to 2029. AI infrastructure is expanding faster than the optical supply chain can keep up.

2026.10.09 12:08

#Lumentum’s# laser supply crunch is getting worse. In April, CEO Michael Hurlston told Bloomberg that products were essentially sold out through 2027, despite capacity expansion in Japan and a new U.S. wafer fab acquisition. Six months later, the outlook is even tighter: • Some products are shipping 30% below demand. • Shortages could extend into 2028. • 2029 capacity is already nearly sold out. • Another product category could face a 70% supply shortfall next year. The real bottleneck isn’t demand. It’s laser wafer fab capacity. In just six months, the sold-out horizon has shifted from 2027 to 2029. AI infrastructure is expanding faster than the optical supply chain can keep up.