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Solus Advanced Materials has seen its share price rise in its push to deliver copper foil for AI accelerators

Business / Kim Jisun / 03/28/2024 03:28 AM

CFL, a European subsidiary of Solus Advanced Materials (photo=Solus Advanced Materials)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Solus Advanced Materials hit the upper limit on the 27th on news of its push to supply copper foil for new AI accelerators.

On the same day, Solus Advanced Materials rose 3,910 won (29.94%) from the previous day to 16,970 won, with its share price rising to the price limit.

It surged more than 20% immediately after opening and closed the deal at the upper limit after increasing the increase.

On the previous day, Solus Advanced Materials received approval from North American graphics processing unit (GPU) manufacturers to supply copper foil for new AI accelerator products, according to media reports.

 

AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)

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