🟢 Lumentum is trading 4.78% up today after a broad AI and semiconductor sector rebound

Lumentum is trading at $817.15 (+4.78%) in pre-market as AI and semiconductor stocks rebound from a recent momentum selloff.

• The move is driven by sector-wide strength, with the SOXX semiconductor ETF rising 3.10% pre-market on renewed risk-on sentiment.
• Chip names are seeing increased buying interest and anticipation ahead of AMD earnings, helping the sector recover ground after a period of volatility.