Optical-Networking Stocks Rally on Possible US Ban on Chinese Transceivers
Investors bid up optical-networking names after reports the FCC may ban imports of Chinese optical transceivers this year. Marvell, Lumentum, Coherent, Applied Optoelectronics, and Corning jumped as traders priced in potential relief from Chinese competition, with Innolight seen as the biggest casualty. The policy outcome remains uncertain, but the move highlights how policy risk can swing AI-hardware stocks.