Applied Optoelectronics is trading 4.9% lower at $77.34 as semiconductor shares face pressure from concerns over debt-funded AI spending, inflation and interest rates.
- Reuters reported Friday that worries about the AI trade pressured chip stocks.
- No verified company-specific announcement clearly explains the October 16 decline. The reported $600 million at-the-market offering was described as completed on October 5, not a newly confirmed catalyst today.