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Stock impact report

Industry breakthroughs in optical-engine technologies prompt TDK Ventures' investment in Nubis Communications

TDK CORP S/ADR (TTDKY) 
NASDAQ:AMEX Investor Relations: global.tdk.com/corp/en/ir/index.htm
Company Research Source: PR Newswire
The development of Nubis Communications' optical engine technologies – featuring high density and linear optics targeting the exploding Artificial Intelligence (AI) market – spurred the investmentThe startup's executive team of industry veterans has demonstrated an optical engine power efficiency of 3 pJ/bit with a bandwidth density of up to 1 Tbps/mmBy partnering with Nubis, TDK Ventures reaffirms its dedication to digital transformation through connectivity and improved computing networksSAN JOSE, Calif., Nov. 8, 2023 /PRNewswire/ -- TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures, Inc. has invested in leading-edge photonics innovator Nubis Communications to rapidly accelerate and scale their developments in optical engine technologies. Emerging from stealth mode in February 2023, the combination of Nubis' strong executive team and industry expertise along with the company's ability to achieve new standards in efficiency, density, and cbandwidth drove the in Show less Read more
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