The AI megatrend has been lucrative for companies like Nvidia and tech giants like Amazon and Microsoft. However, the suppliers of optical components in the AI space have not received much attention. The global optical components market is projected to reach $628.8 billion by 2032, driven by the need for faster data movement and lower power consumption. Stocks like Coherent Corp., Fabrinet, and Lumentum Holdings are worth considering for investors, with strong financials and growth potential in the AI infrastructure market. Analysts have a positive outlook on these under-the-radar tech stocks.
Read more at Barchart: 3 Under-the-Radar Tech Stocks to Buy as Nvidia Proves the AI Trade Has Staying Power
