On May 28, FIT Hon Teng rose 3.83% in regular trading, trading at HKD 8.91 per share, with trading volume of approximately HKD 148 million, extending its recent rebound momentum.
On the news front, parent company Hon Hai Precision (Foxconn) has reportedly delivered full-optical CPO switch cabinets to NVIDIA ahead of schedule, with the shipment target dramatically raised from an initial 10,000 units to 50,000 units. Additionally, Hon Hai previously announced at its investor conference that AI servers now account for over 50% of total server revenue, with full-year AI rack shipments expected to double and capital expenditure plans to grow over 30%. FIT Hon Teng, as Hon Hai's core high-speed connector supplier covering copper connections, optical modules, and liquid cooling thermal solutions, is expected to directly benefit from the AI computing infrastructure expansion and share in the parent company's surging order growth.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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