Applied Optoelectronics Awarded $20.9M Texas Innovation Grant – IPO Edge
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Applied Optoelectronics Awarded $20.9M Texas Innovation Grant
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Applied Optoelectronics Awarded $20.9M Texas Innovation Grant

By Karen Roman

Applied Optoelectronics, Inc. (Nasdaq: AAOI) said it was granted a Texas Semiconductor Innovation Fund grant for $20.9 million to bolster its 210,000 sq. ft. manufacturing expansion in Sugar Land, Texas, which will become one of the largest production facilities for AI-focused data center transceivers in the U.S.

“Texas is leading America’s resurgence in advanced manufacturing,” said Texas Governor Greg Abbott. “This investment by AOI to expand their operations in Sugar Land will create hundreds of high-skilled jobs and advance our state’s leadership in innovation and semiconductor manufacturing.”

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