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Stock impact report

Fabrinet (FN) Defended by Rosenblatt Amid Competitor Downgrade, Citing Resilient AI Data Center Demand [Yahoo! Finance]

Fabrinet Ordinary Shares (FN) 
Last fabrinet ordinary shares earnings: 2/3 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.fabrinet.com/investor-relations
Company Research Source: Yahoo! Finance
The AI revolution has disrupted the technology industry, propelling memory chip firms into the spotlight after decades spent in the shadows of semiconductors and software giants. In order to understand the importance of memory chips to AI, investors should reflect on the centrality of data storage to AI technology. Memory chips store data that is used by AI firms for training models and storing parameters. News agency Reuters recently reported that Kioxia, a Japanese memory chip firm, is set to debut on the stock market with an initial valuation of close to $5 billion. In October, the firm had postponed plans for an IPO at double this valuation. Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs Private equity firm Bain Capital is one of the most prominent backers of Kioxia. The latter is among the largest makers of NAND flash memory in the world. NAND quality directly affects the processing speed and Show less Read more
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