Fabrinet
FN · NYSE · Technology
$388.55
+$7.77 (+2.00%) today
Market Cap
$13.92B
24h Volume
$531.9M
P/E Ratio
29.7
52w High
$746.47
52w Low
$358.90
Est. AI Revenue
45%
7-Day Sparkline (Static)
Company facts
Performance
About Fabrinet
Fabrinet is a contract manufacturer that specializes in precision optics and photonics. Customers design optical components and modules, and Fabrinet builds them at scale in its Thailand factories. It earns revenue on manufacturing services for products too complex for typical contract manufacturers to handle.
Its biggest business is datacom optics: high speed optical transceivers, including 800G modules, that move data between GPUs and switches inside AI clusters. NVIDIA is its largest customer. Fabrinet also builds telecom optics for network equipment makers, plus automotive laser components and industrial and medical devices.
Founded in 2000 by Seagate cofounder Tom Mitchell and registered in George Town, Cayman Islands, Fabrinet employs about 16,457 people and trades on the NYSE, with its main manufacturing campus in Thailand.
Fabrinet in the AI buildout
Fabrinet sits in the Networking layer of the buildout, manufacturing the optical transceivers that carry traffic between servers, switches, and GPUs across AI data centers. As clusters grow, optical links replace copper at more points in the network, and each generation of faster optics runs through Fabrinet's factories. That makes it a direct beneficiary of the Data Centers layer expansion as well, since every new AI facility multiplies the number of optical connections required.
FN is tracked in Networking & Optics and Data Centers & Hardware, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
FN trades at $388.55, 8% of the way up its 52-week range of $358.90 to $746.47.
Market cap
Market capitalization is $13.92B, with an AI Exposure Score of 78 out of 100.
Valuation vs peers
Its P/E ratio of 29.7 is below the Networking & Optics category median of 61.9.
Next earnings
Fabrinet is next expected to report earnings on November 2, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Fabrinet do?
Fabrinet is a contract manufacturer of precision optical and photonic products. Customers design optical transceivers, interconnects, and laser components, and Fabrinet manufactures them at scale, primarily in Thailand. It serves datacom, telecom, automotive, industrial, and medical markets.
How is Fabrinet exposed to AI?
Fabrinet builds the high speed optical transceivers, including 800G modules, that connect GPUs and switches inside AI clusters, with NVIDIA its largest customer. Supercycle rates it Core with an AI Exposure Score of 78 out of 100.
Why do AI data centers need Fabrinet's optics?
AI training clusters connect thousands of GPUs, and at those speeds and distances copper cabling runs out of headroom. Optical transceivers carry the traffic instead. Every new cluster multiplies the number of optical links, and Fabrinet manufactures a large share of them.
Who leads Fabrinet?
Seamus Grady serves as CEO of Fabrinet. The company was founded in 2000 by Tom Mitchell, a cofounder of Seagate, is registered in George Town, Cayman Islands, and employs about 16,457 people, mostly in Thailand.
Is FN a pure play AI stock?
Not quite. Supercycle scores Fabrinet 78 out of 100, near the top of the Core tier. AI datacom optics dominate its growth, but telecom, automotive, and industrial manufacturing still contribute meaningful revenue streams outside the buildout.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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