POET Technologies Shares Jump on Lumilens Supply Partnership (POET)
POET Technologies (NASDAQ:POET) shares climbed 16% on Thursday after the company announced a supply and development agreement with Lumilens that includes an initial $50 million purchase order for optical engines.
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The agreement creates a joint commercial and technology partnership centered on wafer-level photonic integration for artificial intelligence optical networking applications.
Initial Order Could Expand Into Multi-Year Supply Relationship…