TOKYO --Hitachi surpassed Sony Group in market capitalization for the first time in nearly nine years on Thursday as investors embraced its transformation into an artificial intelligence stock after more than a decade of restructuring.
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Hitachi tops Sony in market cap, lifted by AI stock fervor
Company's grid business cashes in on power demand from data centers
AI-related power demand has fueled Hitachi's grid business. (Hitachi)
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