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Applied Optoelectronics Inc (NASDAQ:AAOI) shares are trading higher in Monday’s after-hours session after the company announced a new order from a major hyperscaler.
- Applied Optoelectronics stock is among today’s top performers. What’s fueling AAOI momentum?
Applied Optoelectronics Receives Data Center Order
Applied Optoelectronics announced that one of its major hyperscale customers placed an initial volume order for 800G single-mode data center transceivers totaling more than $53 million.
The undisclosed customer plans to use the transceivers to help expand its network capacity for AI-driven workloads. Applied Optoelectronics said the …
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