02:14 PM EDT, 03/24/2026 (MT Newswires) -- (Updates with recent stock movement in headline and first paragraph.)

Applied Optoelectronics ( AAOI ) shares were up 18% in afternoon trading on Tuesday after the company said late Monday it received a new volume order worth over $53 million from a hyperscale customer for 800G data center transceivers to help expand its network capacity for AI-driven workloads.

Shipments are expected to start in Q2, and be completed by the middle of Q3, the company said.

Price: 113.34, Change: +17.58, Percent Change: +18.36