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Stock impact report

Applied Optoelectronics (AAOI) Expansion Fuels 351% Rally This Year [Yahoo! Finance]

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: Yahoo! Finance
Applied Optoelectronics climbed by 351 percent year-to-date, primarily bolstered by its ongoing expansion program, coupled with the strong demand for its 800G and 1.6T data transceivers. Earlier this month, one of its major hyperscale customers, which it refused to identify, has upsized its order for the 800G data transceivers to a total of $124 million, more than doubling the existing backlog for the same buyer alone. Applied Optoelectronics Photo from Applied Optoelectronics website Applied Optoelectronics Inc. (NASDAQ:AAOI) said that the transceivers would support the latter's network capacity expansion to support its AI-driven workloads. Launched in September last year, the 800G optical transceivers are built for high-performance AI and cloud data center networks requiring superior port density and bandwidth efficiency. Applied Optoelectronics Inc. (NASDAQ:AAOI) also received last month its first volume order for its 1.6T data center transceivers from one of its long- Show less Read more
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