Reported 8 months ago
Reported by Peng Weilin in Taipei on June 19, 2024, at 4:10 PM, the major power supply manufacturer Delta Electronics (2308) is set for shipment of the Huida GB 200 server, with foreign investors optimistic about its momentum in the second half of the year, upgrading its rating to 'Buy' and significantly raising the target price. Delta Electronics has seen continued buy support from the three major institutional investors for 6 consecutive days, with a total surplus of 32,000 shares, and the stock price has broken through the previous high of 365 yuan. Institutional analysts noted that Delta Electronics' high-performance AI server power supply to server assembly plants like Foxconn has concentrated large orders in the second half of the year, with the first batch of GB 200 soon to be launched, transitioning Delta Electronics' power supplies into the shipping phase. Currently, AI-related power products account for about 5% of revenue, have a market share exceeding 50%, and have raised the market share of DC-to-DC AI power supplies to 75%. AI liquid cooling products are expected to ship in 2025. Analysts are optimistic about developments in non-AI areas such as cloud computing, sensors, and consumer products. AI PCs and gaming machines will be successively launched, enhancing the momentum in consumer products. Industrial automation business is expected to see double-digit growth in the second half, while electric vehicle orders may decrease by 10%, but profits continue to rise. *【Warrant investment carries risks. The information in this section is for reference only and does not constitute an invitation, solicitation, or any other recommendation, readers are advised to carefully consider.】For more Commercial Times reports, 16 green energy concept stocks with potential, and Taiwan Hwacom: Dominant seller in shipping market in H1 next year; China and Switzerland plan stock market connectivity.
Source: YAHOO