Lightwave Logic Inc. (NASDAQ:LWLG) is one of the 10 Stocks With Double-Digit Returns.
Lightwave Logic extended its winning streak to a third consecutive day on Monday to hit a new four-year high, as investors loaded positions in players riding the technology boom while mitigating risks from the uncertainties in the Middle East.
The stock climbed to its highest price of $14.82 before trimming a few cents to end the day just up by 13.08 percent at $14.18 apiece.
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The rally can be attributed to the continued optimism for companies riding the AI boom, while investor funds fled industries seen as vulnerable to the US-Iran war.
Lightwave Logic Inc. (NASDAQ:LWLG) is a technology firm leveraging electro-optic polymers to transmit data at higher speeds with less power for data centers, among others.
Last month, its high-speed modulator platform was made available as part of the GDSFactory process design kit, which GlobalFoundries uses for its silicon photonics manufacturing platform.
Lightwave Logic Inc. (NASDAQ:LWLG) said that it partnered with GDSFactory for the integration of its polymer-based modulator technology into the GDSFactory PDK, enabling customers to incorporate high-speed electro-optic polymer modulators directly into their photonic integrated circuit designs for tape-out on GF’s silicon photonics platform.
The expanded PDK and integrated design flow support simulation, verification, and fabrication handoff within the GDSFactory environment, providing a manufacturable pathway from design to foundry execution.
“Making our high-speed modulator platform available within the GDSFactory PDK represents a significant step toward commercial deployment,” Lightwave Logic Inc. (NASDAQ:LWLG) President and CEO Yves LeMaitre said.
“With the support from GDSFactory, we are enabling customers to move confidently from architecture to tape-out while leveraging GlobalFoundries’ leading silicon photonics platform,” he added.
While we acknowledge the potential of LWLG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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