Specialty cable corporations TMC hit the upper price limit early on the 19th. The buying spree is seen as driven by news of an order for optical communication cables for U.S. artificial intelligence (AI) data centers.
As of 9:34 a.m. on the 19th, TMC was trading at 30,050 won, up 6,900 won (29.81%) from the previous session, on the Korea Exchange.
TMC said on the 19th that it signed a 11 billion won supply contract for data center optical communication cables with a U.S. data center and AI infrastructure specialist corporation. According to the company, this is the largest single optical cable supply contract it has secured in the North American data center market.
Through this contract, TMC will supply single-mode MPO-8 backbone cables. The product enables long-distance, high-speed connections of 400G class or higher in AI and hyperscale data centers.
In particular, the product is regarded as a key infrastructure material responsible for ultra-high-speed data transmission between servers and switches inside data centers. The total supply volume is 25,000 km of optical cable.
A TMC official said, "The client is a U.S. data center and AI infrastructure specialist corporation, and the final destination for this supply has been confirmed to be a global cloud and data center corporation."