business
Coherent Advances 16%, Lumentum Climbs 13%, Applied Optoelectronics Adds 8% as Optics Rally Broadens
Key takeaways
- Applied Optoelectronics (AAOI) stock rose to $201 with the company’s Q1 datacenter segment revenue more than doubling on 800G transceiver demand.
- The optics complex is being repriced higher as hyperscaler AI capex flows into optical networking infrastructure, though all three stocks are extended winners.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Applied Optoelectronics didn t make the cut.
Coherent Advances 16%, Lumentum Climbs 13%, Applied Optoelectronics Adds 8% as Optics Rally Broadens asharkyu / Shutterstock.com David Moadel Tue, June 2, 2026 at 11:43 PM GMT+7 4 min read COHR LITE AAOI NVDA Quick Read Coherent (COHR) stock surged to $422 and Lumentum (LITE) stock climbed above $1,000, driven strong and growing datacenter revenue.
Applied Optoelectronics (AAOI) stock rose to $201 with the company’s Q1 datacenter segment revenue more than doubling on 800G transceiver demand.
The optics complex is being repriced higher as hyperscaler AI capex flows into optical networking infrastructure, though all three stocks are extended winners.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop