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DRAM Was Just the Beginning: Roundhill's AI Playbook Expands Into Neocloud and Photonics
Roundhill expands its AI ETF playbook with Neocloud (NCLD) and Photonics (LYTE) funds, targeting the next AI infrastructure winners.
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Why Applied Optoelectronics Stock Plummeted This Week
Applied Optoelectronics stock fell 23.6% this week after Broadcom CEO warned of capital constraints that could slow AI infrastructure spending. The optical component maker, which relies heavily on data center customers for 800G transceivers, faces headwinds from funding concerns among major cloud providers. The stock has declined 64.2% from its 52-week high, compounded by recent shareholder dilution from a $600 million equity offering.
Applied Optoelectronics shares are trading lower after B. Riley Securities lowered its price target on the stock from $109 to $92.
B. Riley Securities Maintains Neutral on Applied Optoelectronics, Lowers Price Target to $92
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Shares of AI cloud services companies are trading lower amid persistent concerns over the debt required to sustain the AI infrastructure buildout. Sentiment is also under pressure following a Gartner warning about the outlook for neocloud providers, fueling concerns over the sustainability of spending on AI computing capacity.