POET Technologies' stock surged 80% in five days, driven by its innovative Optical Interposer technology, which integrates photonic and electrical components for faster, efficient data transfer. Collaborations with Mitsubishi and other key players aim to develop high-capacity optical engines, with significant market growth expected in 800G and 1.6T transceivers by 2025. Despite risks like limited cash, production challenges, and regulatory issues in China, POET's momentum and strategic partnerships, notably with Mitsubishi Electric, are promising.
High volume can indicate market strength, but volume is relative. Thirty million in traded shares doesn't mean much if the average daily volume is higher.
POET Technologies has experienced a positive change in perception, leading to increased interest and trading volume for the stock. It has raised significant cash through private placements, mitigating its initially increased financing risk. The company has achieved an important design win with Foxconn Interconnect Technology, validating its technology and gaining a strong partner for commercialization.