Hunt for AI Optical Winners Drives Rally in Two Swiss Stocks
News Source : Financial Post
News Summary
- AMS-Osram AG, whose micro LED technology is increasingly explored by cloud providers to streamline artificial intelligence computing workloads, is set for its best week in over a year.
- Huber + Suhner AG, a provider of optical circuit switches that use light signals to create communication paths within data centers, is up 16% and hit a record high.
- The gains in Switzerland underscore how investors are searching for fresh targets with exposure to the AI boom as rallies in some small-cap names become stretched.
(Bloomberg) European investors chasing AI winners have turned to Switzerland, sending shares of two optical component makers sharply higher this week.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY [+4949 chars]
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