DistantNews
Support us
🇰🇷 South Korea /Technology

AI data-center boom lifts telecom and optical-network stocks

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified Context piece
  • South Korean telecom-equipment and optical-communications shares gained in early trading on expectations of stronger demand from AI data-center construction.
  • Mercury rose 30% to 4,355 won on the KOSDAQ by 9:27 a.m., reaching the daily upper limit.
  • RF Materials also rose 19.7%, according to the report.

South Korean telecom-equipment and optical-communications stocks surged in early trading as investors bet on a sharp rise in demand for high-speed optical networks supporting the global expansion of artificial intelligence data centers.

Mercury had climbed 30% to 4,355 won on the KOSDAQ by 9:27 a.m., putting the stock at its daily upper limit. RF Materials followed with a 19.7% gain.

About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog