In context: After barely weathering the pandemic in 2020, Fujikura is now enjoying a period of unprecedented growth in the Japanese stock market, driven by demand in AI and data center operations.

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Fujikura, which makes wire cabling for data centers, is the best performer on the 225-issue Nikkei stock average index, with its shares surging more than 400% this year. It will join the MSCI ...

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