Lightwave Logic (LWLG) Soars 16.7% on AI Boom

Lightwave Logic Inc. (NASDAQ:LWLG) is one of the 10 Stocks Delivering Eye-Popping Gains.

Lightwave rallied for a second day on Thursday, climbing 16.67 percent to finish at $13.72 apiece, as investors increased their exposure in high-growth stocks, with sentiment remaining fueled by the booming AI.

The stock also mirrored the rally on Wall Street’s indices, with the Dow Jones and the S&P 500 clocking more than 1 percent gains. The Nasdaq, on the other hand, increased by 0.89 percent.

Photo by George Morina on PexelsPhoto by George Morina on Pexels

In recent news, Lightwave Logic Inc. (NASDAQ:LWLG) announced that 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 risk and potential of LWLG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LWLG and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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