Japanese cable maker Fujikura sees stock surge 400% on AI-fueled demand for fiber optics
- Fujikura Ltd.'s stock has surged over 400% this year, making it the best performer on the Nikkei 225 Stock Average index.
- Kazuhito Iijima, Fujikura’s chief financial officer, stated that the demand for data centers has skyrocketed since around 2022.
- The rapid growth of AI products and research initiatives is the primary driver of Fujikura's booming business.
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Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
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- 67% of the sources are Center
67% Center
C 67%
R 33%
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