Reported 11 months ago
Far East Harbor (5607) welcomed NVIDIA and AMD, two AI chip giants, to set up in the Taoyuan Air Cargo Free Trade Port Phase 2 Value-Added Zone, with a logistics provider leasing an entire building as a global shipping center. With the booming AI market, air cargo volumes for AI servers in May and June increased significantly, and NVIDIA has forecasted even more shipments for July, expecting quarterly growth in the second half of the year. This has boosted Far East Harbor's market share at Taoyuan Airport to over 52%, breaking the 50% mark, with a potential 10% year-on-year growth in revenue and cargo volume for Far East Harbor anticipated for this year.
Source: YAHOO