FIT Hon Teng's stock soared 5.42% during intraday trading on Wednesday, reflecting strong investor interest.
The surge comes after reports that parent company Hon Hai (Foxconn) has delivered full-optical CPO switch cabinets to NVIDIA ahead of schedule, with supply described as extremely tight. Hon Hai's shipment target for these cabinets has been significantly raised from over 10,000 units to 50,000 units over the next two years.
As Hon Hai's core high-speed connectivity supplier, FIT Hon Teng is poised to benefit from the expanded AI computing infrastructure demand across copper interconnects, optical modules, and liquid cooling solutions. The upgraded CPO order outlook has reignited bullish momentum for the stock.
Comments