Lumentum Holdings Inc. (LITE) Presents at Deutsche Financial institution 2026 Expertise Convention Transcript
Convention Name Individuals
Gianmarco Conti – Deutsche Financial institution AG, Analysis Division
Presentation
Gianmarco Conti
Deutsche Financial institution AG, Analysis Division
All proper. I feel we’re dwell. Welcome, everybody, again to DB’s twentieth Annual Tech Convention. My title is Gianmarco Conti. I am heading the {hardware} fairness analysis workforce right here at DB. Immediately, we’ve the pleasure of internet hosting Michael Hurlston, CEO of Lumentum.
Query-and-Reply Session
Gianmarco Conti
Deutsche Financial institution AG, Analysis Division
So Michael, I would like you to open as huge as potential. For 50 years, the story of computing has been the chip and connecting the chip was an afterthought. Optics has without end been the expertise of the long run. 25 years later, we’re within the largest infrastructure build-out in historical past and the bottleneck has shifted from the chip to the connectivity. So my query is simple. Let’s simply set the stage for everybody. What basically modified? Why is mild profitable? And what makes this second structurally totally different from the final time?
Michael E. Hurlston
President, CEO & Director
Sure. First, Gianni, thanks for having me. I imply, actually a pleasure, not too unhealthy a setting, I have to say.
Gianmarco Conti
Deutsche Financial institution AG, Analysis Division
Sure. I do know it is not too unhealthy.
Michael E. Hurlston
President, CEO & Director
Too unhealthy. Look, I imply, what’s taking place proper now could be the pace that is required in these compute racks has gone as much as a level that copper can’t carry it over x distance. So at 800 gig, so the connection fee of, to illustrate, 800 gig, copper can carry 800 gig reliably, perhaps 10 meters, proper? Now we’re at 1.6T. Copper can carry that perhaps reliably 2 to three meters, proper? There’s many, many hyperlinks inside a rack or inside a cluster, inside
