Fujikura tumbles on weak outlook as AI infrastructure stocks retreat - 19 May 2026

Prysmian Daily News Update · May 19, 2026 · 2m

As of May 19, today’s news is dominated by market fluctuations influenced by energy supply concerns and mixed sentiments in the technology sector. Fujikura has faced notable challenges, with its shares dropping sharply amid disappointing profit forecasts. The company anticipates operating income of approximately 2 billion dollars for the fiscal year starting in April 2028, significantly lower than analysts' average expectations. Despite experiencing double-digit growth from demand for optical cables and connectors in AI data centers, Fujikura's production capacity is expected to remain…