American Superconductor Benefits from the AI Boom — the Stock Could be Ready for Trend Continuation!
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American Superconductor develops technologies for power transmission and grid analysis, focusing particularly on the use of high-temperature superconductors (HTS). At the end of July, the company reported strong quarterly results, with a YoY revenue growth of 80% to $72.4 million. The company highlighted its strong position in the AI sector. With its Gridtec solutions, it provides key technologies for stabilizing and optimizing power grids. This includes advanced dynamic voltage regulation systems (D-VAR) and high-capacity superconducting cables...
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