Bit & Electronics recorded a significant surge in stock prices as it engages in major national projects related to artificial intelligence (AI) data centers and the localization of 6G optical communication technology.
According to the Korea Exchange, as of 11:02 AM, Bit & Electronics' shares rose 30.00% to 3,640 won, reaching the upper limit.
The stock's rise follows the announcement that Bit & Electronics has been selected as the implementing agency for the next-generation optical communication components localization project related to AI data centers.
On the same day, Bit & Electronics announced that it has signed an agreement to serve as the implementing agency for the 'Commercialization Project for Optical Communication Components for Intelligent Information Networks,' overseen by the Ministry of Science and ICT and managed by the National Information Society Agency (NAI).
* This article has been translated by AI.
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