Applied Optoelectronics is trading 6.02% up at $120.61 in pre-market after Nvidia reported fiscal second-quarter results above analyst expectations, strengthening AI and semiconductor sentiment.
- Nvidia reported adjusted EPS of $2.22 versus $2.10 expected and revenue of $96.2 billion.
- The move follows a volatile week, including the recently announced $600 million equity offering.
- Broader pre-market technology sentiment remains positive.