July 20, 2025

Lumen shares soar 93% after revealing $5 billion in new AI deals

1 min read

Shares of Lumen Technologies soared as much as 93% on Tuesday after the American telecoms company announced it had secured $5 billion in new contracts from firms looking to install more fiber cables targeting AI. According to Lumen’s CEO, Kate Johnson, the Louisiana-based company is currently in talks for another $7 billion in potential deals

Cryptopolitan logo

Source: Cryptopolitan

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed