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OXIDE Corporation shares surge to two-month high on AI infrastructure demand for optoelectronics
OXIDE <6521> shares surged on May 8, hitting a record high for the first time in two months. The stock climbed by as much as 780 yen to break above the 6,000 yen mark, as its dominant position in AI-related optoelectronics and semiconductor materials fueled investor optimism.
The company, a specialist in oxide single crystals, holds a near-monopoly in the global market for wavelength conversion crystals?a critical component for advanced semiconductor wafer inspection. OXIDE is also seeing rising demand from the AI data center sector for its proprietary laser sources and optical devices.
The rally is underpinned by explosive earnings growth. For the fiscal year ended February 2026, operating profit reached 542 million yen, a more than four-fold increase from the prior year. The momentum is expected to accelerate, with OXIDE forecasting a 72% rise in operating profit to 933 million yen for the fiscal year through February 2027, well above its previous records.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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