US Pre-market: Fiber Optic Stocks Soar, AAOI and AXTI Up Over 5%, Photonics ETF FOTO Up Over 3%

BlockBeats News, June 9th. According to Bitget market data, pre-market trading of U.S. stocks saw a general rise in optical communication concept stocks. The new fund FOTO (Pure Photonic ETF), listed on May 28th, surged by 3.04%. Among individual optical module stocks:

Huang Renxun recommended Marvell Technology (MRVL), which rose by 5.3%. Previously, Huang referred to it as the next trillion-dollar market cap company;

AAOI (Applied Optoelectronics) increased by 5.1%. The company is a manufacturer of high-speed optical modules (800G/1.6T) focusing on AI data center transceivers;

LITE (Lumentum Holdings) rose by 2.35%. The company is a core supplier of optical communication lasers and modules, and a major player in AI data center manufacturing;

COHR (Coherent Corp.) grew by 3.34%. The company is a leader in lasers, optical components, and photonics solutions, covering data centers and industrial sectors;

CIEN (Ciena Corporation) saw a 0.93% increase. The company produces high-speed SerDes and connectivity chips, focusing on low-power interconnects for AI data centers;

FN (Fabrinet) surged by 4.96%. The company is a leading provider of high-end optical module manufacturing and assembly services, catering to multiple optical module companies;

AXTI (AXT Inc.) jumped by 5.21%. The company is a supplier of optical chip materials (InP, GaAs substrates), offering key raw materials for AI optical modules;

NOK (Nokia) rose by 1.99%. As a telecommunications giant, Nokia has substantially expanded into optical networks and AI data center interconnects in recent years, playing a crucial role in the optical module and photonics concepts extension.