AOI Breaks Ground on 400K Sq Ft Texas Plant for AI-Driven 800G/1.6T Transceivers
AAOI has more than doubled off its 52-week low of $18.5.
Summary
Applied Optoelectronics has started construction on two adjacent properties in Pearland, Texas, adding nearly 400,000 square feet of manufacturing capacity. The expansion targets production of 800G and 1.6T optical transceivers, key components for AI data center infrastructure. This follows a $94.1 million contract signed July 1 for a separate cleanroom facility in Houston, signaling aggressive capacity build-out to meet AI-driven demand. The new space nearly doubles the company's previously announced industrial lease footprint of 736,000 square feet from May. With a $600 million ATM program already in place, the expansion aligns with management's strategy to scale operations and capture hyperscaler spending.
At the time of this announcement, AAOI was trading at $117.70 on NASDAQ in the Technology sector, with a market capitalization of approximately $9B. The 52-week trading range was $18.50 to $233.67. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.