AAOI stock jumps 10% pre-market on massive order wins

AAOI stock jumped 10% pre-market, nearing all-time highs after a 40% monthly surge driven by major hyperscale orders. The company secured $124 million in new orders since mid-March, doubling its existing backlog. Applied Optoelectronics expects monthly production of over 500,000 800G and 1.6T transceivers by year-end to meet growing AI data center demand.