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Light engine secures major order: POET wins $50 million procurement contract, stock surges over 20% pre-market

Light engine secures major order: POET wins $50 million procurement contract, stock surges over 20% pre-market

``` On Thursday, Canadian photonic engine company POET Technologies reached a supply agreement with AI optical interconnect giant Lumilens, with Lumilens placing an initial photonic engine purchase order worth $50 million, marking the official commercialization phase of this wafer-level photonic integration technology focused on AI optical networks. This purchase order targets
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Tower Q1 net profit surged 62% year-on-year, Q2 revenue guidance hits record high, silicon photonics orders locked in until 2028 | Earnings Report Highlights

Tower Q1 net profit surged 62% year-on-year, Q2 revenue guidance hits record high, silicon photonics orders locked in until 2028 | Earnings Report Highlights

```html Israeli semiconductor foundry giant Tower Semiconductor has caused a strong stir in the capital markets thanks to an unexpectedly strong quarterly result and a record-scale AI chip supply contract. On May 13, Tower Semiconductor announced its Q1 2026 financial report, while also disclosing a $1.3 billion supply contract
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