Stock Track | FIT Hon Teng Soars 5.10% Intraday on Parent Company's NVIDIA CPO Order Boost and AI Infrastructure Expansion

Stock Track05-28

FIT Hon Teng's stock price surged 5.10% during intraday trading on Thursday, marking a significant upward movement for the company's shares.

The sharp rise appears to be driven by positive developments at its parent company, Hon Hai Precision (Foxconn). According to market reports, Hon Hai has delivered full-optical CPO (Co-Packaged Optics) switch cabinets to NVIDIA ahead of schedule and has dramatically increased its shipment target from an initial 10,000 units to 50,000 units.

As Hon Hai's core high-speed connector supplier, covering copper connections, optical modules, and liquid cooling thermal solutions, FIT Hon Teng is positioned to directly benefit from this order surge and the broader expansion of AI computing infrastructure. Hon Hai previously announced that AI servers now account for over 50% of its total server revenue, with full-year AI rack shipments expected to double, further supporting growth prospects for its supply chain partners like FIT Hon Teng.

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