Fabrinet’s (NYSE: FN) stock price is up by a high triple-digit amount year-over-year (YOY), as of mid-June 2026, and is on track to continue rising at a similar pace over the subsequent quarters. While not a critical play in AI for its proprietary technology per se, it is absolutely vital as a contract-manufacturing specialist.
Its strength lies in its pure-play status; the lack of proprietary products means it competes with none of its potential clients, enabling them to trust the company with their most secret technology. Today’s vital technology, the niche in which Fabrinet excels, is optics and photonics, viewed as the enabling tech to unleash the full power of AI.
