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ClassOne Technology lands record order for Solstice S8 systems amid AI datacenter optical interconnect surge

Market News
23 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

ClassOne Technology secured its largest-ever order from Applied Optoelectronics for multiple Solstice S8 advanced wet processing systems to boost production of optical devices in Houston. This order highlights the semiconductor industry's shift from electrical to optical interconnects driven by AI datacenter growth. Analysts predict photonics will grow rapidly, with silicon photonics markets expanding at about 30% annually through 2030. ClassOne's technology supports high-volume manufacturing and the transition to 6-inch InP wafers, positioning it as a key player in the evolving AI infrastructure landscape.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
2 hours ago
Immuron reports FY26 sales growth with 10% rise in Australia and strong gains in Canada and the US.

Immuron reports FY26 sales growth with 10% rise in Australia and strong gains in Canada and the US.

Immuron Limited announced a 6% increase in global sales for FY26, reaching AUD$7.7 million, driven by a 10% rise in Australian sales and significant growth in Canada and the US markets. The growth in Australia is attributed to enhanced digital market...

Company Fundamentals
Bullish
4 hours ago
Ragnarok: The New World MMORPG launches in Southeast Asia on July 16, 2026.

Ragnarok: The New World MMORPG launches in Southeast Asia on July 16, 2026.

GRAVITY Co., Ltd. has officially launched Ragnarok: The New World, an open-world MMORPG based on the popular Ragnarok IP, in Southeast Asia on July 16, 2026. The game is available on both Mobile (Google Play and Apple App Store) and PC (official webs...

Others
Bullish
4 hours ago
Global Net Lease to release Q2 2026 results on August 5, with a conference call on August 6.

Global Net Lease to release Q2 2026 results on August 5, with a conference call on August 6.

Global Net Lease, Inc. announced it will release its financial results for the second quarter ending June 30, 2026, on August 5 after the NYSE closes. The company will hold a conference call and webcast on August 6 at 11:00 a.m. ET to discuss the res...

Company Fundamentals
Neutral
4 hours ago
Red Metal reports strong 3D IP survey results at Carrizal copper-gold project in Chile, revealing promising drill targets.

Red Metal reports strong 3D IP survey results at Carrizal copper-gold project in Chile, revealing promising drill targets.

Red Metal Resources announced preliminary results from a 3D induced polarization (IP) survey at its Carrizal Copper-Gold-Cobalt Property in Chile. The survey identified clear chargeability anomalies across six lines, indicating potential sulphide min...

Market News
Bullish
4 hours ago
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