So i've been keeping an eye on AAOI for a long time, and i think theres a GOOGL partnership/deal to be announced. Probably already this coming week
There has been going rumors around that AAOI and GOOGL will be partnering for a while now and i think that the time has come
Under the last earnings call the CEO of AAOI mentioned that they would finish the test phase of their transciervers with a hyperscaler within 2-3 weeks. He also mentioned that they would be the 4th verified optical providder for this company. On thursday the 3 weeks have passed and i expect an announcement to be made there or before. Whether they'll announce that they are now qualifed, announce a deal or a partnership i don't know
I'm not 100% sure that it will be google but it is a possibility since they already supply MSFT and AMZN
They also just announced a $600m ATM program friday after close. I suspect that this ATM dilution is a signal that they have passed the qualification phase with the hyperscaler and that the ATM program is a proof of funds to show that they will be able to supply this hyperscaler
Godspeed