In the afternoon of August 5, shares of Foxconn Industrial Internet Co.,Ltd. (601138) surged to their daily limit in less than two minutes, with buy orders exceeding 300,000 lots at the limit price. The stock closed at 65.92 yuan per share, with trading volume surpassing 18.5 billion yuan, bringing its total market capitalization to 1.31 trillion yuan.
The company's recent investor relations activity record revealed that its CPO (Co-Packaged Optics) full-optical switch prototype has entered production and begun shipping, with capacity being deployed across multiple regional factories. The scale is expected to expand further next year. The company's next-generation AI server platform has not experienced any delays and is progressing according to plan, with production preparation and assembly prototyping underway. The company's involvement in the core components of this platform has deepened compared to the previous generation, covering key areas such as switches, compute trays, and mid-planes.
Looking ahead, Foxconn Industrial Internet Co.,Ltd. expects to achieve net profit attributable to the parent company of between 23.4 billion yuan and 24.4 billion yuan for the first half of 2026, representing a year-on-year increase of 93% to 101%. Revenue from AI server sales to cloud service providers is projected to grow by more than 230% year-on-year during the first half of 2026.
Additionally, the company recently announced a share buyback plan, intending to use its own funds of no less than 1 billion yuan and no more than 2 billion yuan to repurchase shares. The repurchase price will not exceed 103 yuan per share, and the buyback period is set for three months from the date of board approval.
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