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Stock impact report

AOI Awarded $20.9M Texas Semiconductor Innovation Fund Grant to Advance Manufacturing in Sugar Land

Applied Optoelectronics, Inc. (AAOI) 
Last applied optoelectronics, inc. earnings: 2/27 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ao-inc.com/investor-relations
Company Research Source: GlobeNewswire
SUGAR LAND, Texas, April 29, 2026 (GLOBE NEWSWIRE) -- Applied Optoelectronics Inc. (NASDAQ: AAOI), a leading provider of advanced optical and HFC networking products powering AI, today announced it was awarded a Texas Semiconductor Innovation Fund (TSIF) grant for $20,852,518 to support the company’s manufacturing expansion plans in Sugar Land, Texas. The TSIF fund provides grants to higher education and state entities for research and development, and to businesses for economic development related to semiconductor design and manufacturing, aiming to solidify Texas's leadership in the industry. AOI’s 2026 expansion plans are underway to occupy an additional 210,000-square-foot manufacturing facility adjacent to its current headquarters in Sugar Land, where it will establish one of the largest production capacities for AI-focused data center transceivers in the U.S. and create over 500 new jobs in the coming years. “AOI has made great strides here in Texas, helping the world’s lar Show less Read more
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