Applied Optoelectronics Expands Texas Campus to Boost Production of High-Speed Transceivers
Applied Optoelectronics (NASDAQ: AAOI) announced the expansion of its Pearland, Texas manufacturing campus by nearly 400,000 square feet. The move aims to increase production capacity for 800G and 1.6T optical transceivers used in AI and cloud infrastructure. Following the announcement, shares fell by 6.7%.
Tickers: $AAOI
Topics: AI infrastructure manufacturing expansion optical transceivers