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Connectivity, RF & PositioningPerception & Sensing

Research snapshot · 6/26/26

AAOIApplied Optoelectronics

800G and 1.6T optical interconnect | InP substrates

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WATCH
Conviction●●○○○2 of 5
Research targetn/aSnapshot target
Thesis statusWEAKENEDLast reviewed 6/26/26
Market cap10.89BSnapshot value
The thesis

AI compute -> DC buildout -> 800G/1.6T optics bottleneck

Catalysts

1.6T cycle ramp; $324M backlog; recent $124M hyperscaler order

What breaks it

Price verification gap; customer concentration; competitive optical market

Social sentiment

X: social-sourced optics bottleneck with $324M backlog

Snapshot · 6/26/26
Smart money

🟡 Mixed · ins-$43.8M · 13F 21+/4- · short↓0.14

Snapshot · 6/26/26