POET and Mitsubishi Electric Collaborate to Develop 3.2T Optical Engines for AI Networks
POET Technologies Inc. (POET)
Company Research
Source: GlobeNewswire
TORONTO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and AI markets, today announced it has entered into a collaboration with Mitsubishi Electric Corporation (“Mitsubishi Electric”) to co-develop integrated optical engine chipsets for 3.2T pluggable transceivers, a highly sought-after product for optical connectivity in the rapidly growing artificial intelligence networking market. POET and Mitsubishi Electric will jointly support product demonstrations with major customers. “Mitsubishi Electric is committed to ensuring we give our customers the technological advantage to maintain their positions as industry leaders in their own sectors. We believe POET’s optical engines will open the possibility of creating new products where electronics photonics conve
Show less
Read more
Impact Snapshot
Event Time:
POET
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
POET alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
POET alerts
High impacting POET Technologies Inc. news events
Weekly update
A roundup of the hottest topics
POET
News
- POET Technologies Inc. (NASDAQ: POET) had its price target raised by analysts at Craig Hallum from $3.50 to $5.50. They now have a "buy" rating on the stock.MarketBeat
- Poet Technologies Announces Intention To Voluntarily Delist from the TSXV [Canadian Business Journal (Canada)]Canadian Business Journal
- Poet Technologies Announces Intention To Voluntarily Delist from the TSXV [Yahoo! Finance]Yahoo! Finance
- Poet Technologies Announces Intention To Voluntarily Delist from the TSXVGlobeNewswire
- POET Technologies Inc. (NASDAQ: POET) was upgraded by analysts at Northland Capmk to a "strong-buy" rating.MarketBeat
POET
Earnings
- 11/14/24 - Miss
POET
Sec Filings
- 11/22/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/14/24 - Form 6-K
- POET's page on the SEC website