Newly spun off Qnity proves it’s an AI force that investors should not ignore
Qnity Electronics on Thursday reported strong fourth-quarter results alongside rosy guidance, solidifying its reputation as an under-the-radar beneficiary of the artificial intelligence boom. Revenue in the fourth quarter increased 8% from a year ago to $1.19 billion, outpacing the $1.16 billion expected by LSEG. Earnings per share (EPS) fell 5.7% year over year to 82…