An inductive buffer peaking technique is proposed and demonstrated to extend the bandwidth of a 10-Gbit/s transimpedance amplifier (TIA) for optical communications. A TIA using this peaking technique is fabricated based on InGaP/GaAs HBT technology. The advantage of the proposed technique is verified by comparisons based on simulations and experiments. For these comparisons, three different types of TIAs using a basic gain stage, a shunt peaking gain stage and the proposed gain stage, respectively, are fabricated and measured. The measured performance of the proposed TIA shows that this bandwidth extension technique using inductive buffer peaking can be applied to circuit designs which demand wideband frequency response with low power consumption.