POET Technologies Inc. (NASDAQ:POET) is one of the best performing semiconductor stocks so far in 2026.
On May 14, POET Technologies and Lumilens entered into a joint development and supply agreement to advance wafer-level photonic integration for frontier AI infrastructure
The collaboration introduces a new integration paradigm called the Electrical-Optical Interposer/EOI. This platform aims to eliminate traditional active-alignment manufacturing constraints, enabling high-volume, cost-efficient production that scales alongside hyperscaler GPU growth. As part of the commercial framework, Lumilens has placed an initial $50 million purchase order with POET for EOI-based engines.
This agreement marks the first phase of a broader supplier relationship that has the potential to scale to more than $500 million in cumulative purchases over the next 5 years. To align long-term strategic value, POET has granted Lumilens a nine-year warrant to purchase up to ~22.9 million common shares at an exercise price of $8.25 per share, vesting in tranches tied to future purchase milestones. Photo by AlphaTradeZone on Pexels The joint multi-year roadmap spans from 800G and 1.6T pluggable transceivers to high-density Near-Package Optics/NPO and Co-Packaged Optics/CPO solutions.