According to Futu Information on August 1,$American Superconductor (AMSC.US)$There was a sharp rise before the market today, continuing the strong trend. At one point, it rose more than 140%. As of press release, the stock is now up 54.17% to $15.540.
Market source: Futu Securities>
Company profile
American superconductivity is an American power equipment divided into two divisions: power grid and wind energy. Its Windtec solutions provide wind turbine electronic control and systems, design and engineering services to reduce wind energy costs; Gridtec solutions provide engineering planning services and advanced grid systems that optimize network reliability, efficiency, and performance. Currently, the company's solutions provide gigabytes of renewable energy to the world and improve the performance and reliability of power networks in more than a dozen countries.
As to why superconductivity has skyrocketed in the US, market participants generally speculate that it may be related to the recent hot topic of “room temperature and pressure superconductivity.”
What is room temperature superconductivity?
A superconductor is a conductor that can achieve zero resistance at a specific temperature. Many researchers have always questioned whether superconductors at room temperature and pressure can be realized. If this phenomenon can be found,Can solve the world's energy consumption problems, develop faster computers, use in advanced storage devices, and ultra-sensitive sensors, and many other possibilities. There are even media claims thatIts great value has the potential to start the fourth industrial revolution.
Room temperature superconductivity, that is, the phenomenon of superconductivity achieved under room temperature conditions.The phenomenon of superconductivity was first observed at extremely low temperatures close to absolute zero, and most superconductors also only work at temperatures close to absolute zero. If humans achieve room temperature superconductivity under normal physical conditions, it is expected that the efficiency of electrical conductors and devices will be improved by minimizing heat production, and that superconducting materials can be applied on a large scale in production and life, comprehensively and profoundly changing people's society.
Related events
In the 1950s, American scientists John Bardeen, Leon Cooper, and John Schrieffer established the BCS theory, a theory that could initially successfully describe superconductivity phenomena based on “waveform duality.”
In March 2023, it was reported on the Internet that the Ranga Dias (Ranga Dias) team at the University of Rochester in the US announced that they had found a new material that can achieve “near-normal pressure” room temperature superconductivity. Based on this material, superconductivity transformation can be achieved at only 21 degrees at room temperature. After triggering an investment frenzy in the market, it proved to be a farce.
On July 23, 2023, a Korean team from the Korea Institute of Science and Technology (KIST) Quantum Energy Research Center published a paper called “First Room Temperature Ambient Pressure Superconductor” on the arXiv website, describing the novel room temperature superconductor they called LK-99.
On August 1, 2023, the Lawrence Berkeley National Laboratory (LBNL) of the United States submitted a paper on the arXiv website. The results support LK-99 as a greenhouse environmental pressure superconductor. It then sparked a worldwide buzz on Twitter, which attracted more attention from scientists and investors.
Risk warning
There is no limit on the rate of rise and fall in the US stock market. There are many cases where individual stocks with small market capitalization have skyrocketed and plummeted, so investors need to be wary of the risk of fluctuations.