POET Technologies Inc. is a company focused on advancing semiconductor technology by developing innovative solutions for optical and electronic devices
It specializes in combining photonics and electronics on a single chip, which enhances performance and reduces energy consumption for various applications, including telecommunications, data centers, and consumer electronics. The company's cutting-edge platforms aim to deliver high-speed connectivity and efficient processing capabilities, positioning it as a key player in the growing field of integrated photonics. Through its research and development initiatives, POET is committed to driving technological advancements that meet the increasing demands of the digital economy.
POET Technologies shares are trading higher on Friday after the company announced it signed an agreement to develop a novel optical engine for global capital markets firm.
POET Technologies Inc (NASDAQPOET) shares are inching higher in Monday's after-hours session after the company announced a manufacturing agreement with Globetronics and provided an update on its joint venture with Super Photonics Xiamen.
POET Technologies Inc (NASDAQPOET) shares are trading higher. The company on Monday announced plans to expand its capacity to meet AI infrastructure demand.
These three under-the-radar small-cap companies offer potential for substantial returns, though they come with higher volatility than their larger peers.
POET Technologies shares are trading higher Monday. The company announced Friday that it has been selected as winner of the "Best Optical AI Solution" award in the seventh annual AI Breakthrough Awards program.
POET partners with FIT to create 800G/1.6T optical transceivers using its silicon photonics tech, targeting AI and data center networks. Expected to reach $10.5B market by 2029.
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 300 points on Thursday. The Dow traded up 0.88% to 35,742.35 while the NASDAQ fell 0.79% to 14,145.17. The S&P 500 also fell, dropping, 0.15% to 4,543.88.
