Applied Optoelectronics Inc. (NASDAQ:AAOI) was a top performer, reaching an eight-year high on Wednesday with a 20.97% increase to $45.23. Zacks Research is optimistic about the company’s laser transceivers, essential for the AI revolution, and with rising copper prices, these fiber optic cables are even more valuable.

Additionally, Applied Optoelectronics Inc. (NASDAQ:AAOI) unveiled a new 400-milliwatt narrow-line-width pump laser to meet demand for silicon photonics and co-packaged optics in AI data centers. The laser provides a robust, high-performance light source for hyperscalers, ensuring precision and power from a single, stable wavelength.

Read more at Yahoo Finance: Applied Optoelectronics (AAOI) Hits Nearly 8-Year High on Upbeat Outlook, Buy Reco