Reported 8 months ago
Tung Ho was overlooked at the Taipei International Computer Show, leading to a 7-day price decline, despite foreign investors giving a favorable rating. Meanwhile, server giant Nvidia's recent price surge has boosted Taiwan's supply chain, with cooling solution provider Tung Ho (3324) set to supply liquid cooling components for the upcoming GB 200 server. Wentai (2329) will handle the motherboard EMS. As Nvidia partners closely with Super Micro, Tung Ho is one of the main domestic manufacturers entering the liquid cooling market, aiming to surpass competitors like Foxconn and Quanta. All eyes are on the transition from air-cooled to liquid-cooled systems in the server market, with chip shortages causing delays in GB 200 production. Wentai is expected to benefit from Super Micro's demand, driving strong EMS business growth. Analysts estimate revenue to rise each quarter with an annual double-digit growth target, challenging an EPS of 3 NTD. With major American clients continuing to place orders and the NAND Flash market rebounding, Wentai anticipates increased revenue and promising profits.
Source: YAHOO