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Stock impact report

Applied Optoelectronics (AAOI) Jumps to Record High Anew — Here's Why [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 surged to a new record high on Friday, reflecting strong investor confidence in its business despite the absence of fresh developments. At intra-day trading, the stock jumped to its highest price of $48.31 before paring gains to finish the session just up by 10.21 percent at $43.61 apiece. Photo from AAOI The rally was supported by a research firm's optimistic outlook for Applied Optoelectronics Inc. (NASDAQ:AAOI) earlier in the week, saying that its laser transceivers are critical to the AI revolution “because they overcome the speed and bandwidth limitations of traditional copper cables, making them valuable for enabling the massive, low-latency data flow required from training and operating large AI models.” “Additionally, with copper prices rising currently, these fiber optic cables are even more valuable,” the research firm said. Earlier, Applied Optoelectronics Inc. (NASDAQ:AAOI) unveiled a new 400-milliwatt narrow-line-width pump laser designe Show less Read more
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