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RIVER ELETEC surges as much as 25% on prospects for crystal oscillators used in optical transceivers
RIVER ELETEC CORPORATION <6666> surged sharply, jumping as much as 25% to 1,311 yen. Among AI data center-related stocks, electronic component makers such as Murata Manufacturing Co.,Ltd. <6981>, a producer of multilayer ceramic capacitors (MLCC), have recently attracted significant capital. This momentum has extended to crystal oscillator manufacturers. The data center construction boom is driving demand not only for AI servers but also for optical transceivers that connect them, with crystal products emerging as essential components.
RIVER ELETEC differentiates itself through proprietary technologies, including electron beam processes, and has developed oscillators specifically for optical transceivers. The company is positioned to capture demand through mass production this fiscal year, accelerating buying by short-term traders. "There has been a significant buildup of short positions via the stock lending market, and buying appears to be targeting a short squeeze," said a strategist at a mid-tier brokerage.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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