This is telling you that the market thinks these companies aren’t shipping shit
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
- NVDA previously invested $2 billion in Lumentum ($LITE) at $695.31 per share and $2 billion in Coherent ($COHR) at $256.80 per share.
- Current trading prices show $LITE at approximately $626 (down 10% from the entry price) and $COHR at approximately $239 (down 7% from the entry price).
- This price action suggests investors believe these optics companies are not currently shipping expected volumes, allowing buyers to acquire them cheaper than NVDA.
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