Hon Hai Jumps to $188! Sets Record in 16 Years with 124,183 Trades

Reported 7 months ago

On June 12, 2024, the Taipei stock market saw highs as TSMC surpassed 900 to reach a record high of 912, pushing the overall market to 22,094.94. Hon Hai also climbed to $188, setting a new record in 16 years with a trading volume of 124,183 shares. Hon Hai Chairman Liu Yangwei announced further collaboration with NVIDIA CEO Huang Renxun during COMPUTEX, unveiling plans to establish an advanced computing power center in Kaohsiung with the 'Super Chip' GB200 server as its core. Hon Hai's revenue for May 2024 hit NT$550.2 billion, a 7.68% monthly increase and a 22.06% annual increase, marking a record high for the same period in previous years. Accumulated revenue for the first five months reached NT$5.23832 trillion, a 1.73% annual increase, ranking as the second-highest for the same period in history (the highest being NT$5.23924 trillion in 2022).

Source: YAHOO

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