Reported 12 months ago
On June 27, 2024, Goldman Sachs continued to support the cooling giants, Chen Hong and Qihong, giving both a reasonable stock price prediction of over a thousand yuan. The research institution under the gold control has high expectations for them, with the former entering the CSP water cooling supply chain of US-based cloud service providers and the latter being a major water cooling component supplier for GB200. Goldman Sachs also continues to support them, aiming for high stock prices, potentially expanding the ranks of high-value stocks on the Taiwan stock market. Despite concerns about price competition in the water cooling market, the outlook remains positive for Chen Hong and Qihong as they excel in fundamental aspects and are endorsed by both domestic and foreign institutional investors as potential four-digit stock price candidates.
Source: YAHOO