American Superconductor Surges on AI-Driven Data Center Demand
American Superconductor (AMSC) shares soared 27.4% following a stellar earnings report, fueled by booming demand for its power routing solutions in AI data centers. Revenue jumped 80.9% year-over-year to $72.3 million, while adjusted EPS tripled to $0.30, crushing analyst estimates.
The company's technology, which manages electricity FLOW between grids and end-users, is benefiting from the semiconductor sector's expansion. CEO Daniel P. McGahn highlighted AI and data center growth as key drivers, with steady bookings underscoring the firm's scalable business model.
Despite conservative guidance for the next quarter, investor sentiment remains bullish. The rally reflects broader Optimism about infrastructure plays tied to AI's exponential compute requirements.
