Applied Optoelectronics Surges 19% on $53M Deal for Data Center Transceivers
ByAinvest
Tuesday, Mar 24, 2026 10:36 pm ET1min read
AAOI--
Applied Optoelectronics (AAOI) surged 18.9% to $113.90 after securing a $53-million supply deal for its data center transceivers. Shipments are expected to start in Q2 and complete by mid-Q3. Chairman and CEO Thompson Lin said AI infrastructure expansion is accelerating, requiring higher bandwidth at scale. The company's 800G optical transceivers are essential for high-capacity spine switching and high-speed GPU cluster interconnects.
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