Ten-Chiuan's May Revenue Soars Over 134% YoY, Institutions Bullish on Achieving New High in H2 Operations

Reported 10 months ago

Memory module manufacturer Ten-Chiuan (4967) recently reported a May revenue of 2.637 billion New Taiwan Dollars, a year-on-year increase of 134.14%, marking a record high monthly revenue. The company anticipates a significant price surge for DDR5 in the latter half of the year and aims for a profit boost by shifting its product focus to AI and high-end gaming products. With limited DDR5 supply and positive market conditions, Ten-Chiuan foresees continued revenue growth in the upcoming months.

Source: YAHOO

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