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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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  • 67% of the sources are Center
67% Center
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