US Stock Pre-market Movers: Fiber Optic Module Concept Stocks Surge, AAOI and LITE Up Over 7%, Photonic ETF FOTO Soars 5.29%

BlockBeats News, June 2nd, according to Bitget market data, the US stock concept stocks of optical modules saw a pre-market surge. The new fund FOTO (Pure Play Photonics ETF), which just went public on May 28th, surged by 5.29%. Among the individual stocks in the optical module sector:

AAOI (Applied Optoelectronics) surged by 7.39%, approaching $200 per share. The company is a manufacturer of high-speed optical modules (800G/1.6T), focusing on AI data center transceivers;

LITE (Lumentum Holdings) rose by 8.2%, with the share price breaking through $980. The company is a core supplier of optical communication lasers and modules, a key player in AI data center manufacturing;

COHR (Coherent Corp.) rose by 5.78%, with the share price surpassing $383. The company is a leader in lasers, optical components, and photonics solutions, covering data center and industrial applications;
NOK (Nokia) rose by 4.9%. As a telecommunications equipment giant, Nokia has vigorously expanded into optical networks and AI data center interconnection in recent years, playing a significant role in the optical module and photonics concepts extension;

CIEN (Ciena Corporation) rose by 3.89%. The company produces high-speed SerDes and connectivity chips, focusing on low-power interconnection in AI data centers;

FN (Fabrinet) rose by 4.1%. The company is a leading subcontractor for high-end optical module manufacturing and assembly, providing manufacturing services to multiple optical module companies;

AXTI (AXT Inc.) surged by 8.3%. The company is a supplier of optical chip materials (InP, GaAs substrates), providing key materials for AI optical module production.