NasdaqGM:AAOICommunications
A Look At Applied Optoelectronics (AAOI) Valuation After Its US$300 Million Sugar Land Expansion Plan
Applied Optoelectronics (AAOI) has broken ground on a new 210,000 square foot manufacturing facility in Sugar Land, Texas, and has doubled its planned investment in the site to US$300 million to support data center demand.
See our latest analysis for Applied Optoelectronics.
The new Sugar Land expansion comes after a sharp run in the share price. The 90 day share price return is 104.94% and the 3 year total shareholder return is very large. This suggests momentum has been strong even after a...