Fabrinet is a leading provider of advanced optical communication components, focusing on the assembly and manufacturing of complex optical devices
The company specializes in offering manufacturing services for a wide range of products that enable high-speed data transmission, including optical transceivers, laser modules, and photonic devices. With a commitment to precision engineering and quality assurance, Fabrinet serves a diverse clientele, including telecommunications and data center companies, helping them meet the growing demands for bandwidth and connectivity in an increasingly digital world. Through its innovative solutions and extensive expertise in optical technologies, Fabrinet plays a crucial role in advancing the capabilities of modern communication networks.
The brokerage believes that the timeline for Fabrinet’s 1.6T transceivers for Nvidia’s Blackwell chips has been delayed, or at least there is “great uncertainty” about when the cycle will begin.
U.S. stock futures dropped sharply on Monday after U.S. President Donald Trump imposed tariffs on three of its major trade partners, Canada, China, and Mexico.
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What has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Nov. 18-22, 2024.
