Lumentum is trading 4.77% up in pre-market at $878.00 after reports that the Trump administration is drafting restrictions on new Chinese data-center components, including optical transceivers.
- Reuters reported the FCC measure could benefit U.S. suppliers such as Lumentum by shifting demand away from Chinese manufacturers.
- The move follows Lumentum’s recent rally; fiscal fourth-quarter results are scheduled for August 11, 2026.