Key Takeaways Fabrinet posted record $1.13B revenues in Q2 FY26, driven by strong optical and telecom growth.AAOI is ramping 800G transceivers but rising operating expenses pressure weigh on near-term outlook.FN trades at 3.52X forward sales vs AAOI's 5.80X, offering better valuation appeal.Fabrinet (FN) and Applied Optoelectronics Inc. (AAOI) both operate in the optical networking and communications space. While Fabrinet provides advanced optical packaging and precision optical, electro-mechanical and elec ...