POET Technologies Rises While Market Weighs AI Photonics Hopes Against Valuation
POET Technologies surged to $13.93 on heavy volume after a $400 million May financing, but with just $503,389 Q1 revenue and a $12.3 million net loss, the stock’s $2.4 billion valuation hinges on future AI data-center orders, not current sales, making it a high-risk, high-volatility bet ahead of the June 26 annual meeting.