Stock Track | FIT Hon Teng Soars 5.18% Intraday on Parent Foxconn's Major NVIDIA CPO Order and AI Server Growth

Stock Track06-03

FIT Hon Teng's stock surged 5.18% during intraday trading on Wednesday, as investor sentiment was buoyed by positive developments from its parent company, Foxconn (Hon Hai Precision).

The rally follows reports that Foxconn delivered all-optical Co-Packaged Optics (CPO) switch cabinets to NVIDIA ahead of schedule, with shipment targets significantly raised from 10,000 to 50,000 units. Additionally, Foxconn disclosed that AI servers now account for over 50% of its total server revenue, with full-year AI rack shipments expected to double and capital expenditure plans set to increase by more than 30%.

As Foxconn's core high-speed connectivity supplier, covering copper connections, optical modules, and liquid cooling solutions, FIT Hon Teng is positioned to directly benefit from the rapid expansion of AI computing infrastructure and its parent's order growth, sustaining investor confidence in the company's prospects.

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