Shares of Applied Optoelectronics, Inc. (AAOI) gained over 13% on Wednesday morning after the company highlighted its latest AI-focused optical technologies at an industry event.
The stock is currently trading at $97.42, up $11.09 or 12.85%, on the Nasdaq. It opened at $95.42 after closing the previous session at $86.33. The stock has traded between $9.71 and $128.96 over the past 52 weeks.
Applied Optoelectronics said it will showcase its 25dBm ultra-high power ELSFP and other advanced optical solutions at the Optical Fiber Communications Conference (OFC) 2026 in Los Angeles.
The company highlighted its expanding portfolio of technologies supporting AI-driven data centers, including solutions for silicon photonics, near-packaged optics (NPO), and co-packaged optics (CPO) architectures.
AOI also noted plans to expand its U.S. manufacturing capacity, including a new 210,000-square-foot facility in Texas, aimed at scaling production of AI-focused datacenter transceivers.
The showcase underscores growing demand for high-bandwidth, high-power optical connectivity as AI infrastructure continues to scale globally.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.