TAIPEI (TVBS News) — Hon Hai's (鴻海) stock soared over 2% on Monday (Oct. 28), reaching NT$221.5, marking its highest point in nearly three months. The surge comes as the tech earnings season in the U.S. kicks off, with promising prospects for AI and semiconductors. By the close of trading, the stock settled at NT$215.
Since early October, Hon Hai's stock has climbed from NT$187. As of 11:30 a.m. Monday, trading volume exceeded 65,000 units, ranking second among listed companies.
Market analysts attribute the rise to the company's recent deliveries of AI servers equipped with NVIDIA's GB200, which Microsoft and Meta are eagerly adopting. Hon Hai exclusively supplies the upgraded NVL72 compute tray, and experts anticipate a period of explosive business growth.
Hon Hai Chairman Young Liu (劉揚偉) previously revealed during Hon Hai Tech Day that they are constructing the world's largest GB200 server production base in Mexico. This development stems from robust orders for the GB200 NVL72 server cabinets and the Mexican factory's strong production capacity.