AM AMSSY AMS OSRAM AG UNSP/ADR Загрузка... : Бычьи и медвежьи мнения аналитиков

ams OSRAM is shifting to digital photonics, exploring micro-emitter arrays for optical interconnects in AI data centers (low power, high parallelism). Also in next-gen smart glasses. Trimming to profitable segments, expected positive FCF next year. After the painful 2021 merger overhang, the company is restructuring toward high-growth niches in data center optical links and AR/VR. The turnaround is under-appreciated. A speculative turnaround with potential upside from data center optical interconnects and smart glasses, but requires patience for FCF inflection. Merger integration still incomplete; competition from Coherent, Lumentum; smart glass adoption slow; liquidity/volatility.