On September 25, Fabrinet rose 5.03% in regular trading, trading at approximately $419.12 per share, with turnover of $2.14 billion. The rally was driven by sustained strength across the optical communication sector, as market expectations around NVIDIA's CPO switch mass production and NPO volume ramp continued to intensify.

Fabrinet is recognized as one of NVIDIA's four direct procurement suppliers for NPO optical modules, positioning it at the center of the current industry tailwind. The company's fundamental profile has further strengthened after data center revenue surpassed 50% of total sales for the first time in its most recent fiscal Q4, during which revenue reached a record $1.316 billion, up 45% year-over-year, beating consensus estimates. Adjusted EPS of $4.10 also exceeded the $3.82 analyst forecast by over 7%.

At the industry level, NPO is expected to see large-scale volume shipments next year, while CPO supply chain order schedules have extended into the year after, reinforcing long-term demand visibility. These dynamics have collectively lifted upstream optical communication names, with Fabrinet benefiting from sector-wide capital rotation into high-conviction AI infrastructure plays.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)