Applied Optoelectronics Inc. (NASDAQ:AAOI) saw a 20.56% jump last week, fueled by a major order from a hyperscaler for its 800G data center transreceivers. Despite a 11.73% dip on Friday, the company recorded a 39% intra-week surge. Needham & Company raised its price target to $43 with a “buy” rating.

Read more at Yahoo Finance: Applied Optoelectronics (AAOI) Climbs 20.6% on Hyperscaler Order