Why POET Technologies Stock Jumped After a $50 Million Lumilens AI Optics Order
Shares of POET Technologies Inc. surged after Lumilens Inc. submitted a $50 million initial order linked to a new partnership focused on AI networking—a commercial milestone for the optical-components maker following a stretch of choppy trading. According to both companies, the supply deal has the potential to exceed $500 million in purchases over a five-year span.