AI boom drives chip industry: Austrian circuit board maker AT&S also benefits
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The boom in artificial intelligence (AI) is driving high valuations on financial markets worldwide in the semiconductor industry. More and more companies are investing in data centres and high-performance computers needed for AI applications. The supply industry is also benefiting from this.
For Austria, AT&S is particularly important. The company, based in Leoben in Styria, manufactures printed circuit boards used in electronic devices. The firm thus indirectly benefits from the growing demand for chips, because without printed circuit boards, semiconductors cannot be used in computers or servers.
The development shows how strong the current demand for technology related to AI is. Not only the large chip manufacturers are benefiting, but also companies in the supply chain. Investors are closely watching developments, because the sector has gained considerable value in recent months.
How long the AI boom will last and whether the high valuations are justified remains open for now. Experts point out that the development depends on many factors, such as the further demand for AI services and the investments of large technology companies.
Sources: Börsianer
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