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Traders’ Latest AI-Related Play Is a Struggling Car Parts Stock

Traders’ Latest AI-Related Play Is a Struggling Car Parts Stock
Bloomberg Technology Friday 19 June 2026, 05:15 UTC By Will Standring, Isolde MacDonogh 1 min read
Key Points

Traders’ Latest AI-Related Play Is a Struggling Car Parts Stock Investors looking for the stock market’s next artificial intelligence winner have honed in on embattled French car parts maker Valeo SE. Shares in Valeo, which makes engine cooling parts as well as sensors and displays, surged this month after analysts at JPMorgan Chase & Co. highlighted the company’s opportunity in the data center market. The stock, which has struggled in recent years amid a gloomy outlook for car sales,...

Traders’ Latest AI-Related Play Is a Struggling Car Parts Stock Investors looking for the stock market’s next artificial intelligence winner have honed in on embattled French car parts maker Valeo SE. Shares in Valeo, which makes engine cooling parts as well as sensors and displays, surged this month after analysts at JPMorgan Chase & Co. highlighted the company’s opportunity in the data center market. The stock, which has struggled in recent years amid a gloomy outlook for car sales, competition from cheaper Chinese parts and tariff turmoil, is up about 50% over the past year.
French (ORG) JPMorgan Chase & Co. (ORG) Chinese (ORG)
Originally published by Bloomberg Technology Read original →

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