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Eoptolink’s AI Boom Stockpiling Sends Inventory Ballooning

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Eoptolink’s AI Boom Stockpiling Sends Inventory Ballooning Chinese optical transceiver maker Eoptolink Technology Inc.’s efforts to stockpile key components to meet booming AI demand and guard against supply constraints sent the value of its inventory 61% higher in the first half. Inventory climbed to 11.7 billion yuan ($1.7 billion) in the period from 7.2 billion yuan from a year earlier, according to a Monday filing. Surging orders for high-speed transceivers sent first-half net income 91%...

Eoptolink’s AI Boom Stockpiling Sends Inventory Ballooning Chinese optical transceiver maker Eoptolink Technology Inc.’s efforts to stockpile key components to meet booming AI demand and guard against supply constraints sent the value of its inventory 61% higher in the first half. Inventory climbed to 11.7 billion yuan ($1.7 billion) in the period from 7.2 billion yuan from a year earlier, according to a Monday filing. Surging orders for high-speed transceivers sent first-half net income 91% higher to 7.53 billion yuan.
Chinese (ORG) Eoptolink Technology Inc.’s (ORG)
Originally published by Bloomberg Technology Read original →