Artificial intelligenceis undoubtedly the most important issue in today’s technological world. We see this technology developing more and more every day and companies emerging in this field. This popularity naturally also ensures that companies that are taking steps in the field of artificial intelligence can come to the fore. Of course, interesting situations can sometimes arise. What happened in the Japanese stock market is the best example of this.

The ongoing global craze for artificial intelligence has allowed an old Japan-based company that no one knew about to take off. 139 year old companysuddenly became the star of the stock market.

The shares have risen by 400% in 1 year

This company called Fujikura, making cables for data centers It was an electrical equipment company. The origins of this company, headquartered in Tokyo, also lie until about 1885 lay. Company, Over the past year, shares are up about 400% and became one of the best performing companies.

A renowned company that suddenly took off, fiber optic cable specialized in his field. Products in the industry to the smallest diameters owner. This allows them to be used in small spaces and gives them an edge over their competitors. Considering how important data centers are for artificial intelligence, it is not surprising that such a company is successful.

Fujikura has many important customers. Apple belongs to them. The company reported its revenue in its earnings report published earlier this month. for $674 million He stated that it was up 17%. He received about 70% of his income from abroad. 38% came from the US, one of the capitals of the AI ​​craze.