Core Insights - Applied Optoelectronics Inc. (NASDAQ:AAOI) experienced a significant week-on-week gain of 20.56% after securing a major order for its 800G data center transreceivers from a hyperscaler, believed to be Amazon [1][2] - Despite profit-taking that led to an 11.73% drop in share price on Friday, the company recorded a 39% increase in intra-week trading [2] - Investment firm Needham & Company raised its price target for AAOI from $38 to $43, indicating a 34% upside potential from its latest closing price, while maintaining a "buy" recommendation [5] Company Developments - The Chairman and CEO of Applied Optoelectronics, Thompson Li, expressed satisfaction in receiving the first volume order for 800G products from a major hyperscale customer [3] - The company is positioned to meet the demands for high-volume transceiver shipments, leveraging automated production lines developed over several years to support AI-powered data transmissions [4][6] Market Outlook - Needham is optimistic about the potential for Applied Optoelectronics to secure additional large volume orders from hyperscalers in the upcoming quarters as production of 800G transreceivers ramps up [6]