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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