Laser Photonics Corporation shares fall 2.46% premarket after Tower Semiconductor and Xscape Photonics announced a new laser source for AI datacenters.

Laser Photonics Corporation fell 2.46% in premarket trading. The decline may be attributed to the announcement by Tower Semiconductor and Xscape Photonics regarding the successful prototyping and validation kit availability of the industry's first on-chip, optically pumped, multi-wavelength laser source. This development, built on Tower's mature, high-volume PH18 Silicon Photonics platform, supports CWDM and DWDM wavelength grids and is tailored for AI datacenter fabrics. The optical interconnect market for AI datacenters is expected to grow, driven by the rising demand for high-speed, low-latency connectivity in hyperscale AI deployments.