Analysts at 24/7 Wall St. noted that Lumentum holds a 70-80% market share in pump lasers, with shipments expected to quadruple, and NVIDIA's demand for its co-packaged optics (CPO) anticipated in the second half of 2027. Lumentum's stock price has surged over 1000% since its initial recommendation, rising 708.01% over the past year and 151.27% year-to-date. Additionally, Marvell Technology (MRVL), as a partner for Microsoft's custom chips, is projected to exceed $10 billion in custom chip revenue by fiscal year 2029, with Microsoft's Maya 300 accelerator program planning to procure 300,000 Marvell-designed chips in 2027.