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Applied Optoelectronics (AAOI) Stock Is Trending Overnight After Popping Over 20% On Thursday: What's Goi
Business

Applied Optoelectronics (AAOI) Stock Is Trending Overnight After Popping Over 20% On Thursday: What's Goi

Applied Optoelectronics' stock surged over 20% on Thursday following a $71 million order for 800G transceivers, bringing total orders from a major hyperscale customer to $124 million since mid-March. The deal highlights growing demand for high-speed optics in AI and data centers, with the company also shipping initial units to a second client and beating recent earnings estimates.

James Rodriguezabout 10 hours ago