Reported 8 months ago
In the warrant market focus, it was reported that NVIDIA has increased its advanced process chip production volume to TSMC, driving performance in the backend testing and packaging sector. King Yuan Electronics saw its stock rise to 122 TWD challenging the previous high of 123 TWD, with foreign investors buying 35,000 shares in the last 5 days. NVIDIA's expansion of TSMC orders has benefited the backend testing and packaging sector. King Yuan Electronics is said to be shifting capacity to meet the demand due to overwhelming new orders from NVIDIA. The company is set to make final decisions on the supply chain allocation for NVIDIA's GB 200 chip and server orders for 2025 in the second half of the year, with an estimated shipment of 900,000 GB 200 chips in 2025. Following the sale of its subsidiary Kinsus Technology, King Yuan Electronics is anticipated to have lower revenue in Q2 than Q1 but with improved gross margin and profit margins. With continuous expansion in orders from NVIDIA, revenue in the second half of the year is expected to surpass the first half, indicating positive annual growth.
Source: YAHOO