DELTON's stock surged 8.97% during intraday trading on Friday, reflecting strong investor sentiment toward the company's growth prospects in the PCB sector and advanced technology developments.
The movement comes amid broad-based strength in the PCB sector, driven by a Morgan Stanley report highlighting that NVIDIA's Rubin platform will see per-rack PCB value increase by 233%, significantly expanding demand for high-layer-count PCBs. DELTON (also known as Guanghe Tech) is well-positioned to benefit from this trend, with its PCIe6.0 technology expected to enter mass production after the third quarter and eight of the global top 10 server manufacturers already among its customers.
Additionally, the company recently completed a capital increase to its wholly-owned subsidiary, reinforcing capacity expansion for its multi-layer precision circuit board project. Positive developments in corporate governance, including the Investor Services Center's solicitation of voting rights for an independent director election, have further boosted investor confidence in the stock.
Comments