OCC
NASDAQ · Communications
Optical Cable Corp
$17.80
+1.17 (+7.04%)
OCC News19 articles
Tetratherix Maintains A$358M Valuation Amid Thin Trading
Tetratherix (ASX:TTX) holds a A$358 million valuation as only 55.6% of shares trade freely. A large escrow block restricts supply, amplifying price swings.
Optical Cable Shares Soar 64% on Q2 Profit, But Fiber Shortages Loom
OCC shares surged 64% after Q2 profit on 26.6% higher sales, but fiber shortages and cost pressures pose risks.
Nokia Stock Jumps 9% on AI Optical Demand Surge
Nokia ADRs jumped 9.2% after Lumentum's bullish outlook highlighted surging AI optical demand, adding $5B to market value. Order book stands at €2.8B.
Nokia Shares Rise in Helsinki Amid Analyst Divergence on AI Optical Growth
Nokia shares rose 2.5% in Helsinki on Friday as analysts offered mixed views on the company's AI optical network prospects, with Danske Bank upgrading to buy and LBBW downgrading to sell.
Lumentum Rides AI Optical Demand to 6% Gain Despite Nasdaq Weakness
Lumentum shares surged 6.1% to $901.89, driven by a $400M+ optical circuit switch backlog and underappreciated co-packaged optics attach-rate upside, as AI infrastructure stocks attracted buyers.
Nokia Rallies on Lenovo Patent Pact and AI-Driven Optical Expansion
Nokia gained 1.3% to €12.20 on a Lenovo patent pact and optical/defense updates, but undisclosed terms and a 119% YTD surge raise the bar for earnings on July 23.
Nokia Rises on AI Network Expansion Plans; Optical Demand in Focus
Nokia Oyj shares rose 1.17% to €12.15 in Helsinki after unveiling major AI-focused network expansions, including a U.S. photonic-chip packaging facility and a subsea cable upgrade in Southeast Asia.
Nokia Stock Surges on AI Optical Network Growth Prospects
Nokia's ADR rose 5% to $14.80 on JPMorgan's bullish note, highlighting AI-driven optical network demand. Q2 results on July 23 will test if orders translate into revenue.
Corning Surges 13% on Nvidia AI Optical Link Demand
Corning shares soared 13.4% on heavy volume after Nvidia CEO Jensen Huang emphasized the need for optical interconnects in AI data centers, with Corning's recent deals with Nvidia and Meta making it a key AI infrastructure play.
Nokia Stock Hits New Highs on AI-Driven Optical Network Demand
Nokia shares hit a new 52-week high in Helsinki and a record high in US ADRs, driven by strong Q1 earnings and surging AI and cloud sales.
AXT Shares Surge to Record High on AI Optical Networking Demand
AXT shares surged 16.37% to $140.83, hitting a 52-week high, driven by AI optical networking demand and a $100M InP backlog.
Nokia Secures FCC Approval for Broadband Devices, Optical Market Poised for Growth
Nokia shares gained 3.37% in Helsinki after the FCC conditionally approved its Beacons and ONT devices. Dell'Oro Group predicts the optical transport equipment market will grow 16% in 2026, fueled by AI data centers.
BofA Raises Coherent Target to $400 on AI Optical Demand
BofA increased Coherent's price target to $400, highlighting AI-driven demand for 800G and 1.6T optical transceivers. Revenue jumped 21% to $1.81B. Neutral rating kept.
Ciena Shares Dip as AI Optical Demand Faces Supply and Valuation Hurdles
Ciena shares dropped 6.5% after Corning's sales outlook missed estimates, highlighting supply and valuation challenges in the AI optical networking boom.
BlackRock Reveals 8% Stake in Ciena as AI Optical Networking Demand Surges
BlackRock disclosed an 8% stake in Ciena, signaling institutional confidence in the AI networking trade. Shares are near record highs amid strong demand for optical connectivity.
Marvell Acquires Polariton Technologies to Advance Optical Chips for AI Data Centers
Marvell Technology acquires Polariton Technologies to enhance its optical chip lineup for AI data centers. Shares fell 2.1% to $162.01 early Friday.
MaxLinear Soars 23% on AI Optical Demand, Q2 Revenue Guidance Tops Estimates
MaxLinear reported Q1 revenue of $137.2M, up 43% YoY, and issued Q2 guidance of $160M-$170M, far above analysts' $137.1M estimate, fueled by AI data-center demand for optical chips.
Broadcom CEO's Copper Comments Trigger Selloff in Optical Networking Stocks
Corning shares dropped sharply after Broadcom's leadership indicated a slower-than-expected transition to optical links within AI server racks, favoring copper for near-term scale-up connections. The shift pushes the anticipated inflection for advanced optics technology further into the future.
TFC Optical Sees Volatile Trading Ahead of Chinese New Year Market Closure
Suzhou TFC Optical Communication shares rose 0.4% to 252.97 yuan amid heavy trading as margin financing declined and markets prepare for the Spring Festival holiday shutdown.