AAOI's earnings surged, lifting the entire optical communications sector.

AAOI reported second-quarter revenue of $191.9 million, an 86% year-over-year increase, with its data center business surpassing the $100 million mark for the first time. This strong performance drove a collective rally in shares of optical communications companies including Coherent, Lumentum, and Corning. Analysts view AAOI's better-than-expected results as a positive indicator for Lumentum and Coherent, both of which have significant exposure to AI data center optical interconnects and are scheduled to release their earnings reports next week.

wallstreetcn10:04

Top 20 by Trading Volume | SpaceX surges another 16%, up 23% over two days since lock-up expiration; AI infrastructure provider Lumentum rises over 6%, set to report latest earnings after market close next Tuesday; memory stocks extend losses, with SanDis

SpaceX, which ranked first in trading volume among U.S. stocks on Friday, rose 15.83%, with a trading value of USD 30.212 billion. According to reports, SpaceX plans to build its own power generation facilities to supply electricity to the large semiconductor manufacturing plant it is jointly developing with Tesla in Texas, USA.

Global Markets Update06:28

Craig-Hallum Sticks to Their Buy Rating for D-Wave Quantum (QBTS)

TipRanksAug 7 22:05 · Ratings

U.S. Stocks Move Sharply | Applied Optoelectronics surges over 11% after announcing plans for significant capacity expansion, leading gains in the optical communications sector

Gelonghui, August 7 | Optical communication-related stocks rose collectively, with Applied Optoelectronics up over 11%, AXT and Coherent each gaining more than 10%, Tower Semiconductor rising over 9%, Lumentum increasing by more than 6%, and Credotechnology, POET Technologies, and Corning all climbing over 5%. On the news front, Applied Optoelectronics reported second-quarter revenue of $191.9 million, an 86.4% year-over-year increase. Notably, its data center business revenue surpassed $100 million for the first time, surging 140% year-over-year. During the earnings call, Chief Financial Officer Stefan

Gelonghui FinanceAug 7 21:40

Optical Stocks Have a China Problem That Most -2-

MarketWatchAug 7 19:00

NVIDIA reportedly tests a downgraded version of the Rubin Ultra GPU—how are chipmakers navigating the HBM shortage?

① NVIDIA is reportedly testing multiple Rubin Ultra GPUs, with some alternative versions featuring less HBM memory than initially planned, and mass production specifications have not yet been finalized; ② Analysts note that due to constraints such as DRAM capacity, HBM supply will remain tight through 2027, allowing upstream memory manufacturers to retain pricing power; ③ Industry sources indicate that NVIDIA is attempting to reallocate budget toward optical interconnects and tiered storage solutions to mitigate memory bottlenecks.

cls.cnAug 7 11:59