Lumen Technologies (NYSE: LUMN) experienced a 9% surge in its stock price after announcing the addition of over 2.2 million intercity miles to its fiber-optic network this year. The telecom company aims to have 16.6 million intercity fiber miles by the end of 2025 and plans to reach 47 million miles by 2028. With the demand for AI technologies driving network needs, Lumen is positioned as a strong player in the market. Investors are looking at less obvious plays in the AI sector, and Lumen’s aggressive fiber rollout could keep its stock in favor.

Read more at Nasdaq: Why Lumen Technologies Stock Mashed the Market on Monday