🟢 Applied Optoelectronics is trading 11.1% up today as semiconductor rally gains steam

Applied Optoelectronics is trading 11.1% up at $100.11 in pre-market, extending a sharp rebound after a 17.8% gain on July 30. The move is driven by a broad semiconductor rally and improving AI-spending sentiment across the technology sector.

• Sector-wide momentum is lifting the group, with chip ETFs like the SOXX up over 3% in pre-market trading.
• Strong earnings from major technology names are fueling positive sentiment and boosting demand expectations for the broader semiconductor industry.