Optical Component Stocks Jump Over 25% as AI Capex Confidence Lifts Applied Opto 76%
Updated
Updated · Yahoo Finance · Aug 12
Optical Component Stocks Jump Over 25% as AI Capex Confidence Lifts Applied Opto 76%
3 articles · Updated · Yahoo Finance · Aug 12
Summary
Applied Optoelectronics has surged 76% in nine sessions, leading a renewed rally in optical component makers as the market revives one of this year’s momentum trades.
More than 25% gains since late July have spread across Lumentum, Coherent, Fabrinet and Corning, with Coherent up 48% over the same stretch.
Microsoft, Alphabet, Amazon and Meta are driving the move because investors increasingly expect their aggressive AI infrastructure spending to continue.
That confidence is lifting companies tied to optical networking hardware, a key supply-chain segment for the buildout of AI data-center capacity.