China’s optical suppliers extend sell-off as fears of slower AI growth trump upbeat earnings
South China Morning Post
The brief
Shares of major Chinese optical communications suppliers slumped on Friday before clawing back some of their losses, extending a two-day sell-off despite upbeat third-quarter earnings driven by the global artificial intelligence infrastructure boom. During morning trading in Shenzhen, Chengdu-based Eoptolink Technology dropped as much as 15 per cent, while Suzhou TFC Communication slid 10.3 per cent and industry lead…
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South China Morning Post
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