Stocks in Action USA: Applied Optoelectronics, Vertex Pharmaceuticals, NIO
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Applied Optoelectronics (AAOI) – the AI data center specialist receives a major order worth $200 million – stock rises! The stock of Applied Optoelectronics surged after the company received its first major order for its new 1.6-terabit transceivers for data centers. A long-standing hyperscale customer ordered optical networking components worth more than $200 million to expand the bandwidth of its infrastructure for AI workloads. According to CFO Stefan Murry, deliveries of the order are expected to begin in the third quarter and be completed...
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