NasdaqGM:AAOICommunications
Why Applied Optoelectronics (AAOI) Is Up 16.8% After Major Texas AI Chip Manufacturing Grant - And What's Next
In April 2026, Applied Optoelectronics received a US$20,852,518 Texas Semiconductor Innovation Fund grant to support a major semiconductor manufacturing expansion in Sugar Land, Texas, including an additional 210,000-square-foot facility and plans to add over 500 jobs.
This funding positions the company to build one of the largest AI-focused data center transceiver production footprints in the U.S., potentially strengthening its role in domestic semiconductor supply chains and advanced...