Reported 8 months ago
Recently, the long-standing machinery and electronics company, Delta Electronics (2371), has attracted market attention due to its heavy electrical products, as its stock price has surged from NT$42 at the beginning of the year to NT$60.6, a 42.8% increase. On June 17, it was reported that the U.S. Energy Envoy and former governor of Arkansas, Mike Huckabee, visited Delta Electronics and invited them to set up a factory in the U.S., leading to a half daily limit increase in Delta's stock price. With Taiwan's Strong and Resilient Power Grid Plan releasing orders worth billions over the past few months and the U.S.'s trillion-dollar infrastructure plan, there is a significant growth potential for Delta's revenue, with an estimated total order size for Delta exceeding NT$100 billion this year.
Source: YAHOO