AI Infrastructure Beneficiary Sees Market Cap Surge of 700 Billion Won in a Day

Viavi Solutions (NASDAQ: VIAV) closed at $37.94 on the Nasdaq on the 24th, up 5.6%, pushing its market capitalization to about $8.8 billion (approximately KRW 11 trillion). In a single day, its market value rose by roughly $520 million (around KRW 700 billion), and trading volume topped 6.3 million shares—well above its typical level.

Recently, Needham maintained a Buy rating on the stock and raised its 12-month price target to $36—a threshold the share price has already exceeded.

On the 12th, Viavi Solutions unveiled the TestCenter D2, a 1.6 Tbps Ethernet network tester for AI data centers, expanding its AI infrastructure testing portfolio aimed at hyperscalers and cloud providers.

In its latest quarter, the company reported revenue of $369.3 million, up 37% from $270.8 million a year earlier.

Headquartered in Chandler, Arizona, Viavi Solutions specializes in network testing and monitoring and optical technologies, supplying critical equipment and solutions for network and security infrastructure to telecom operators, cloud service providers, and defense and aerospace clients.