POET - Why Poet Technologies Stock Is Up Today | Benzinga
POET Technologies Inc. (NASDAQ:POET) shares are trading higher Monday. The company announced Friday that it has been selected as winner of the “Best Optical AI Solution” award in the seventh annual AI Breakthrough Awards program.
The Details:
Poet's microchip solution, the POET Optical Interposer, enables optical communication using a silicon-based hybrid integration platform. The optical interposer combines electrical and optical layers in a single chip for highly integrated transceivers and enables the replacement of copper with light-based optical data communication between chips in high-speed computing.
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“With POET’s technology, AI hardware developers can deploy next-generation networks that outperform existing solutions, reduce costs, and improve power efficiency. ...