ams OSRAM is trading 10.27% higher at €24.70 after unveiling its 850 nm Thin-Film VCSEL platform for AI scale-up interconnects. - The technology demonstrated error-free 32 Gb/s operation, approximately 0.25 pJ/bit efficiency, and more than 2,000 hours of reliability testing. - Presented around ECOC 2026, the announcement includes a connectorized multi-core fiber solution developed with BizLink. The company-specific AI-photonics catalyst best explains the continued advance after the September 21, 2026 announcement and September 22 updates.