FN

FN's data-center revenues are surging as DCI and HPC demand accelerates, while capacity expansions and emerging optical technologies create new growth opportunities.

FN shares have plunged 19% in a month amid valuation and margin concerns, but strong AI demand and expanding optical programs offer growth opportunities.

Fabrinet's surging data center revenues, expanding manufacturing capacity and upcoming optical transceiver ramps strengthen its growth outlook against Super Micro Computer.

Fabrinet (FN) has drawn attention after recent trading pressure, with the share price closing at US$314.94 and logging declines over the past week, month, and past 3 months that extend into the year to date.

Fabrinet has seen its share price fall sharply in recent months after a strong multi year climb, which puts a fresh spotlight on whether today's valuation still lines up with the cash the business can produce.

FN's 12.5% YTD slide reflects customer concentration, margin pressure and high spending, even as AI data-center demand fuels growth.

AAOI is riding on AI-driven data-center demand as 800G sales surge, 1.6T orders top $200M, and manufacturing capacity expands to support growth.

Applied Optoelectronics faces supply constraints despite surging 800G demand, while FN's broad AI data-center growth and capacity expansion strengthen its position.

Fabrinet's surging data-center revenues, DCI growth and capacity expansion strengthen its position against optical rivals AAOI and LITE.

Osterweis Capital Management, an investment management firm, released its Q2 2026 investor update for its “Osterweis Opportunity Fund”. You can download a copy of the letter here.