As AI computing demands outpace traditional copper interconnect capabilities, photonics (light-based tech) gains investment and attention for its lower-loss optical links, with China's Yuanjie Technology seeing an 11x stock surge.
Researchers have developed a handheld biosensing system, significantly more accurate than conventional methods, with findings published in Nature Photonics. The technology aims for high-performance diagnostics in various settings.
From Swedish photonics to French satellites and British fuel cells, meet this year's top-performing equities across sectors.
Lightelligence, the first mainland Chinese photonics chipmaker to go public in Hong Kong, saw its shares surge nearly 400% on trading debut, opening at HK$880 versus an offer price of HK$183.2. The Shanghai-based company raised HK$2.4 billion in its IPO, with the retail tranche oversubscribed 5784.7 times, as investors bet on optical computing chips as an alternative to conventional semiconductors for AI data centres.
Lightelligence, the first mainland Chinese photonics chipmaker to go public in Hong Kong, saw its shares surge nearly 400% on debut, opening at HK$880 versus an offer price of HK$183.20. The company raised HK$2.4 billion ($306 million) in its IPO and closed at HK$886, valuing it at HK$81.5 billion. The oversubscribed listing reflects investor appetite for photonics chips as an alternative to conventional semiconductors for AI data centres.
