Kinsus Likely Benefiting From Nvidia's Long-Term Growth -- Market Talk

Dow Jones13:41

0541 GMT - Kinsus Interconnect Technology is likely benefiting from Nvidia's long-term growth, Daiwa Capital Markets analysts say in a research report. It continues to play a critical supporting role amid a shortage of high-end substrate capacity, and is a key backup supplier to Nvidia for legacy products, the analysts say. In 2026, the Taiwanese company will probably gain market share in Nvidia's Grace CPU, making it another growth driver after graphics cards. As a core second-tier supplier to Nvidia, Kinsus has also decided to expand ABF substrate production capacity. The brokerage raises the stock's target price to NT$290.00 from NT$160.00 to reflect a higher target price-to-book multiple, with an unchanged buy rating. Shares are 4.2% lower at NT$241.50. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 02, 2026 00:41 ET (05:41 GMT)

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