Why Is POET Stock Rising In Premarket?

• Retail traders and social media users link POET’s Optical Interposer platform and external light sources more directly to Nvidia’s AI infrastructure roadmaps.
• Fresh speculation based on X comments from the former CEO of Sivers Semiconductors, a POET partner.
• POET shares gained their most in five months on Monday.

POET Technologies stock rose 3% in early premarket trading on Tuesday, extending gains from the previous day amid renewed hype linking the company’s photonic components to major chip players like Nvidia and Marvell Technology.

Users of Stocktwits and Twitter noticed commentary from the former CEO of Sivers Semiconductors, Anders Storm, about POET being a potential supplier to Marvell.

POET and Sivers have a partnership in which they are co-developing optical “light engines” to move data with light within AI servers. POET also has a pre-existing partnership with Celestial AI, which Marvell acquired earlier this year.

Meanwhile, Marvell supplies technology to Nvidia and recently raised a $2 billion in investment from the chip giant.

In the past few days, Storm made a series of posts speculating that POET could be a key supplier of photonics components and software in the chips supply chain involving Marvell and Nvidia. 

“The chain now looks like this: $SIVE -> $POET -> Celestial AI-> $MRVL -> $NVD -> $SIVE makes the InP laser sources,” he said here. In a more recent post, he said, “if POET is designed into Celestial AI that is now Marvell..how could they (Marvell and Nvidia) not be (using photonics technology from POET and Sivers)? Would they use other laser?”

“This is NOT getting enough attention,” a Stocktwits user said with a screengrab of Storm's first X post.

POET shares jumped 18.3% on Monday, marking their strongest intraday gain in nearly five months. The momentum carried into Tuesday, with the ticker drawing heavy buzz on Stocktwits as some traders speculated a short squeeze could be underway or imminent.

A short squeeze occurs when a rising stock price forces short sellers to buy back shares, further accelerating the rally. Notably, POET’s short interest has climbed from 6.1% in early February to 8.6% as of Monday, nearing historic highs, according to Koyfin.

Separately, Stocktwits’ Michele Steele spoke with POET CFO Thomas Mika. The interview will be published on the Stocktwits' news page and YouTube channel shortly. 

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