Applied Optoelectronics jumps after hyperscaler more than doubles its recent order
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Applied Optoelectronics shares surged over 5% in premarket trading after a hyperscaler increased its order for 800G single-mode data center transceivers by $71 million, bringing total orders from this customer to $124 million since mid-March. This order has doubled the company's backlog for this client. The stock had already risen 20% before this announcement, reflecting strong momentum in the AI-related sector. CEO Dr. Thompson Lin expects to complete the initial order delivery in Q3 and the new order by year-end.
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