CFO confirms Marvell PO via Celestial Q2 shipping; Foxconn/Luxshare pending
Key Questions
Has POET received orders from Marvell?
Yes, CFO Thomas Mika confirmed Marvell purchase orders through Celestial for Q2 shipments. This validates ongoing demand in the supply chain.
What is the status of POET's engagements with Foxconn and Luxshare?
POET is awaiting feedback from Foxconn and Luxshare on 800G products. Updates from these key manufacturers are pending.
How does this news relate to POET's recent stock rally?
The confirmations support the hype around Nvidia-linked supply chains amid a +22.8% rally to $9.48-$11.09. It aligns with AI optics expansion and short squeeze dynamics.
CFO Mika confirms Marvell orders thru Celestial Q2 shipments; awaiting Foxconn/Luxshare 800G feedback; validates $5M+ POs/hype chain to Nvidia amid +20.26% AI optics pivot surges/short squeeze $11+ highs.
Sources (2)
Updated Apr 22, 2026