Quick Read – Applied Optoelectronics (AAOI) stock jumped Wednesday, supported by Q1 2026 revenue totaling $151.14M, up 51% YoY with datacenter shipments more than doubling. – Coherent (COHR) and Lumentum (LITE) shares are also rising, backed by accelerating AI data center…
pital spending by hyperscalers, with optical connectivity becoming a critical bottleneck as GPU clusters demand higher-bandwidth interconnects beyond copper’s distance limits. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Applied Optoelectronics wasn’t one of them. Get them here FREE
The optical components complex is extending its powerful run again in early trading Wednesday, with three of the group’s bellwethers building on Monday’s massive rip. Applied Optoelectronics (NASDAQ:AAOI) shares are up 8% intraday, trading near $203, while Coherent (NYSE:COHR) stock has climbed 4% to around $390. Lumentum Holdings (NASDAQ:LITE) is also participating, with LITE shares rising 4% to roughly $1,031 from a prior close of $992.37.
The continuation move follows Monday’s outsized gains of AAOI +23%, LITE +17%, and COHR +13%, a rebound from the prior Thursday’s sharp sector-wide selloff. For investors keeping score, the year so far has been historic. AAOI stock is up 488% year to date, LITE shares have gained 180%, and Coherent stock has more than doubled with a 112% gain.