US Stock Photonic Module Concept Stocks Surge in Pre-market Trading, AAOI and LITE Up Over 7%, Photonic ETF FOTO Soars 5.29%
BlockBeats News, June 2nd, according to Bitget market data, U.S. optoelectronic concept stocks surged in pre-market trading, including:
AAOI (Applied Optoelectronics) surged by 7.39%, with the stock price approaching $200. The company is a manufacturer of high-speed optical modules (800G/1.6T), focusing on AI data center transceivers;
LITE (Lumentum Holdings) rose by 8.2%, with the stock price breaking through $980. The company is a core supplier of optical communication lasers and optical modules, and a major player in AI data center;
COHR (Coherent Corp.) rose by 5.78%, with the stock price surpassing $383. The company is a leader in lasers, optical components, and photonics solutions, covering data centers and industrial sectors;
NOK (Nokia) rose by 4.9%, as a telecommunications equipment giant, Nokia has vigorously deployed in optical networks and AI data center interconnection in recent years, and is an important extended player in optoelectronics concepts and optical modules;
CIEN (Ciena Corporation) rose by 3.89%, the company produces high-speed SerDes and interconnect chips, focusing on low-power interconnection in AI data centers;
FN (Fabrinet) rose by 4.1%, the company is a leading provider of high-end OEM and assembly services for optical modules, serving multiple optical module companies;
AXTI (AXT Inc.) surged by 8.3%, the company is a supplier of optical chip materials (InP, GaAs substrate), providing key raw materials for AI optical modules;
In addition, FOTO, a new ETF that was just listed on May 28th and focuses on pure photonics, surged by 5.29%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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