Reported over 1 year ago
On June 20, 2024, with strong momentum in AI orders and Apple's AI iPhone theme, Hon Hai (2317) saw its stock price rise to a new high since December 2007, reaching 217.5 NT dollars, an increase of 7.14%. This contributed around 68 points to the market and pushed the market value back above 3 trillion NT dollars, reaching 3.015 trillion NT dollars, making it the second-largest market cap on the Taiwan Stock Exchange. Founder Terry Gou's net worth has also risen along with this, with the value of his holdings exceeding 378.8 billion NT dollars. Analysts are optimistic about Hon Hai's future revenue, with expectations of surpassing 7 trillion NT dollars in 2025.
Source: YAHOO