Server Market Booming with Accton and Gigamedia Powering Up

Reported 7 months ago

The server market continues to be the shining star in the Taiwan stock market, with Accton (5274) recently receiving multiple target price upgrades from foreign investors, surpassing NT$4,000 per share. As the server market heats up, Gigamedia (2368) is also benefitting from upgrades in server transmission speed, PCB materials, and layer numbers, attracting attention from both local and foreign research institutions. Accton closed at NT$4,675 on June 13, the only stock price exceeding NT$4,000. Analysts predict the server market size to increase from US$97.2 billion in 2020 to US$178.2 billion in 2025, with AI servers projected to represent half of the market by 2026 or 2027.

Source: YAHOO

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