POET Technologies is trading 12% up today at $8.26, extending a strong weekly rebound fueled by growing enthusiasm for integrated photonics and AI chip applications.
- The company recently appointed two new directors with extensive optics and semiconductor experience, a move seen by investors as strengthening the execution of its AI photonics roadmap.
- Sentiment is further bolstered by a broader rally in the semiconductor sector following strong industry earnings and positive forward guidance.