Reported 7 months ago
Delta Electronics announced a consolidated revenue of 35.078 billion NTD for May, up 4.6% monthly and 2.6% annually, marking a two-month consecutive growth and hitting an eight-month high. The market predicts a double-digit growth rate for the second quarter, with AI applications driving operations' growth potential for the rest of the year. Delta's revenue diversification across different sectors is noted, with a positive outlook on AI server power revenue, liquid-cooled heat dissipation products, and an estimated 20%-30% growth in electric vehicle revenue. Overall, expectations are high for double-digit revenue growth in Q2 fueled by AI servers and electric vehicles.
Source: YAHOO