2 Sep 2026

GoPro just surged nearly 138% in five days—and action cameras are no longer the main story.

The company plans to merge with optical photonics specialist Starman Optical in a deal valued at approximately $285 million. GoPro shareholders are expected to receive around $1.14 per share in cash while retaining roughly 10% of the combined company. The strategic pivot is dramatic: From consumer cameras to AI data centers, defense, aerospace and government infrastructure. Why does it matter? AI data centers rely on optical transceivers to move enormous volumes of data between thousands of GPUs, servers and storage systems. As AI workloads scale, high-speed connectivity is becoming a critical bottleneck—and a major investment opportunity. Investors are now betting that this transaction could transform GoPro into an AI infrastructure play. The stock jumped 46% in one session and another 78% in premarket trading. A spectacular repricing—but the deal still requires shareholder and regulatory approval. Source: Milk Road AI

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