Dongshan Precision Manufacturing to Invest $1.2 Billion for Optical Chip, Module Expansion
Suzhou Dongshan Precision Manufacturing (SHE:002384) approved a $1.2 billion investment to expand optical chip and module production at subsidiary Source Photonics in Changzhou and other locations.The project aims to address surging artificial intelligence computing power demand, according to a Wednesday filing with the Shenzhen bourse.Shares of the printed circuit board manufacturer rose 2% in recent trade.