Quanta Station Surges to New 25-Year High at 316 Yuan

Reported 8 months ago

Quanta's stock price closed at 316 yuan, reaching a new high not seen since August 26, 1999. With a market value of 1.22 trillion yuan, Quanta jumped to the fourth rank on the Taiwan Stock Exchange, following only TSMC, Hon Hai, and MediaTek. Chairman Lin Baili's optimism about the future of AI has boosted investor confidence, as the company anticipates a strong performance in the second half of the year with AI servers accounting for over 60% of revenue. Additionally, Quanta's continued expansion in the server market, particularly with the NVIDIA GB200 server, is expected to drive further growth.

Source: YAHOO

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