Xiamen Faratronic stands to benefit from artificial-intelligence data centers' shift to high-voltage direct current architecture, Daiwa Capital Markets analysts say in a report. The brokerage expects substantial increase in demand for film capacitors used in 800-volt direct current solutions in the near term and in solid-state transformers in the medium term. The analysts cite the high insulation strength, unique self-healing properties and low-loss structure of the Chinese company's film capacitors. The brokerage upgrades its rating on the stock to buy from outperform and raises its target price to 203.00 yuan from 117.00 yuan. Shares are 1.8% lower at 154.19 yuan. (ronnie.harui@wsj.com)
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Xiamen Faratronic Set to Benefit From AI Data Centers — Market Talk
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Xiamen Faratronic stands to benefit from artificial-intelligence data centers' shift to high-voltage direct current architecture, Daiwa Capital Markets analysts say in a report. The brokerage expects substantial increase in demand for film capacitors used in 800-volt direct current solutions in the…