POET Technologies Secures $500 Million Supply Deal with Lumilens

POET Technologies (NASDAQ:POET) has secured a supply agreement worth up to $500 million over five years with Lumilens Inc., leading the stock to reach an all-time high. The initial phase of the deal is valued at $50 million, and includes warrants for Lumilens to purchase 22.9 million shares.

By Angelica Ballesteros Fri, May 15, 2026 at 6:36 AM GMT+3 2 min read · Yahoo Finance ·

POET Technologies Secures $500 Million Supply Deal with Lumilens

Tickers: $POET

Topics: AI infrastructure contract award semiconductor manufacturing stock performance

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