Poet Technologies (POET) news

Marvell Technology (MRVL) shares fell 5.81% in intraday trading after Wedbush published commentary analyzing the company's partnership with Google

Marvell Technology (MRVL) shares fell 5.81% in intraday trading following a report from Wedbush, which analyzed the company's partnership with Google. The decline comes amid recent volatility in Marvell's stock, which had surged 6% earlier in the week on news that Google would purchase up to $12.2…

Lumilens emerges from stealth with more than $900 million in funding to break AI’s connectivity bottlenecks in the data center

Lumilens, a startup focused on photonic interconnects for AI infrastructure, has emerged from stealth with over $900 million in funding , according to a press release from the company. The firm is now shipping optical interconnect products to production hyperscaler AI data centers under a…

Lumilens raises $700M in new funding at $5.51B valuation

Lumilens has reportedly secured a $700 million funding round at a valuation of $5.51 billion, according to recent developments tied to its strategic collaboration with POET Technologies. The funding is part of a broader initiative to advance AI optical networking solutions, particularly through the…

Poet Technologies appoints Dr. Bardia Pezeshki and Jean F. Rankin to board of directors as long-serving director, Jean-Louis Malinge resigns

ImportantPoet Technologies rises over 12%

POET Technologies (NASDAQ: POET) shares rose over 12% in recent trading, driven by a combination of strategic developments and market dynamics. The stock's performance reflects optimism around the company's progress in securing production orders and expanding its product portfolio for AI and data…