Sell AAOI by Nov 14, 2026.

AAOI has been a standout name in the AI optics trade, let's start with the good. Q2 was excellent, record revenue of $191m, up 86% yoy and 27% sequentially, back to non GAAP profitability at $0.06 vs a $0.01 consensus, fifth straight record quarter. The Q3 guide is $255-290m, roughly 130% yoy and a 42% sequential jump and management says growth is capped by production capacity, not demand. As a US based, high volume transceiver supplier into hyperscaler buildouts, the …