On August 27, Applied Optoelectronics rose 5.49% in pre-market trading, trading at 120.59 USD/share, with turnover of approximately $4.498 million.

On the news front, NVIDIA reported after-hours quarterly revenue of $96.2 billion, up 106% year-over-year, exceeding market expectations. Its core data center business generated $89 billion in revenue, and next-quarter guidance also came in above consensus, further reinforcing market confidence in AI chip growth. NVIDIA rose over 4% after hours, broadly lifting optical communications peers including Lumentum up over 3% and Coherent up over 3%.

Applied Optoelectronics had previously plunged over 15% after announcing a $600 million ATM equity distribution agreement, triggering dilution concerns. The stock subsequently rebounded for two consecutive sessions. The NVIDIA earnings catalyst, combined with unchanged AI optical module demand fundamentals, is further supporting recovery momentum. Notably, the company has cumulatively launched over $1.7 billion in ATM financing plans year-to-date, and ongoing dilution pressure remains a key risk to monitor.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)