NasdaqCM:POETSemiconductor
Why POET Technologies (POET) Is Up 12.2% After 1.6T Photonic Transmitter And Shelf Filing News
POET Technologies recently filed a US$143.30 million shelf registration for up to 29,608,160 common shares and introduced its Hybrid-Integrated 1.6T 2xFR4 Transmitter photonic integrated circuit, capable of sending 1.6 trillion bits of data per second for data center applications.
This combination of new capital-raising capacity and high-speed photonic innovation highlights POET’s effort to address growing bandwidth needs in AI and hyperscale networks.
Next, we’ll examine how the new 1.6T...