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QD Laser jumps 25% to multi-year high on AI data center demand for quantum dot lasers
QD Laser <6613> shares surged as much as 25% to 1,886 yen on Friday, reclaiming a year-to-date peak of 1,877 yen set on April 21. The company develops semiconductor laser devices, with its core quantum dot laser technology expected to be a key component in next-generation AI data center infrastructure and optical-electrical convergence solutions. Regarding supply-demand dynamics, recent short covering has propelled the stock higher after foreign short sellers had previously targeted heavy margin buying positions. The shares are now trading at their highest levels since shortly after the company's February 2021 initial public offering, when they reached an all-time high of 2,070 yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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