American Superconductor Benefits From Electricity Demand and Defense Spending - CEO Mentions Best Quarterly Results in Years!

American Superconductor (AMSC) benefits from rising energy demand with products for grid security and efficient power transmission. High-temperature superconductor wire solutions can transmit electricity almost loss-free and more efficiently than copper conductors and are also used in wind turbines for more efficient generators. The energy security of semiconductor factories, mining operations, and data centers is also supported, providing a tailwind given the increased US production with reduced dependence on international supply chains. Additionally,...