ams-OSRAM: JPMorgan anticipates 30% potential. The supplier for smart glasses and AI data centers could break out.

The story around ams-OSRAM (i) remains hot. In early May, the company communicated a development agreement in the photonics sector for AI data centers with a leading partner in AI infrastructure. The focus is on replacing copper cables between racks and within racks. Optical solutions are in demand. These can save energy and achieve higher bandwidth densities. Long-term plans also include the use for chip-to-chip connections (e.g. GPU to memory). ams-OSRAM senses a potential for triple-digit million revenues still in this decade. Additionally,...