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KITAGAWA SEIKI hits record high on robust AI semiconductor equipment demand
KITAGAWA SEIKI CO.,LTD. <6327> surged, accelerating its rally from the April 21 record high of 2,250 yen to hit the 2,500 yen level. The company specializes in vacuum press equipment for printed circuit boards and maintains global competitiveness. Strong business performance is driven by surging demand for AI semiconductor press equipment amid accelerating global data center investment. Ahead of the May 8 earnings report for the fiscal year ending March 2026, short-sellers are rushing to cover positions. Shares have entered uncharted territory as selling pressure dissipates.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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