Reported 8 months ago
Hon Hai (2317) saw a surge in stock price today, closing at 217.5 yuan, a 7.14% increase, marking a new high since December 2007 with a market value of 3.02 trillion yuan, becoming the second company in Taiwan's stock history to exceed the 3 trillion yuan mark after TSMC. Hon Hai's recent stock price surge is attributed to the AI server theme, being an important partner of AI chip giant NVIDIA. With May revenue of 550.2 billion yuan, a 7.68% monthly increase and a 22.06% annual increase, it sets a new high for the same period in history.
Source: YAHOO