All three major indexes are moving lower once again, with the Nasdaq Composite (IXIC) slipping on tech underperformance

FN rides automation and AI demand as optical and non-optical revenue surge, with Q4 revenues guided at #1.25B-$1.29B. Telecom up 55% and DCI up 90%.

Fabrinet (FN) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript

Fabrinet's Q3 FY26 blowout and upbeat Q4 outlook outshine Applied Optoelectronics' margin-hit loss in this post-earnings faceoff.

BANGKOK, May 11, 2026 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced that its management will present at the J.P. Morgan 2026 Global Technology, Media and Communications Conference in Boston, MA.

Here is how Fabrinet (FN) and Bandwidth (BAND) have performed compared to their sector so far this year.

The AI optics trade is taking a breather. Shares of Applied Optoelectronics (NASDAQ:AAOI) are down 14% in midday trading, while Coherent (NYSE:COHR | COHR Price Prediction) is off 10% and Lumentum (NASDAQ:LITE) is sliding 7%.

Fabrinet posts record Q3 FY2026 revenues as Optical Communications powers big earnings growth, despite datacom supply constraints and new program ramps.

FN tops Q3 EPS and revenue estimates as telecom and HPC surge: Q4 outlook lifts optimism despite a premium valuation.

Fabrinet (FN) Q3 2026 Earnings Call Transcript