US Stock Market Move | Optical communication concept stocks fell broadly, with Applied Optoelectronics (AAOI.US) dropping over 5%.

On Thursday, optical communication concept stocks fell broadly. Applied Optoelectronics (AAOI.US) dropped over 5%, Coherent (COHR.US) fell 4%, POET Technologies (POET.US) and Corning Inc (GLW.US) declined over 3%, Marvell Technology, Inc. (MRVL.US) and Nokia Oyj Sponsored ADR (NOK.US) dropped nearly 3%, Lumentum (LITE.US) fell over 2%, and Credo Technology (CRDO.US) declined over 1%. On the news front, according to institutional estimates, from 2026 to 2028, data centers across the United States will face a net power gap of 32GW. The data center power gap may limit the expansion of supply chains such as ASICs, storage, and optical modules, suppressing expectations for capacity growth in the optical communication industry.