Pegatron Shares Rise on AI Project and Nvidia GB300 Server Shipments
Translated from Chinese and summarized by DistantNews. Read the original for the full story.
At a glance
- Pegatron shares rose 5.2% to NT$95.10 by 11:11 a.m. amid buying in AI-related stocks.
- Investors expect Nvidia GB300 server shipments and continued orders from a new cloud-service provider to support future revenue recognition.
- Chairman Tung Tzu-hsien said the AI boom remains in its early stages and could reshape industry and national competitiveness.
Pegatron shares climbed as investors looked to artificial-intelligence business for another lift. The electronics manufacturer benefited from shipments this month under Nvidiaโs GB300 server project and from continued second-half orders by a new cloud-service provider.
The AI boom has only just begun.
The stock stood at NT$95.10 at 11:11 a.m., up 5.2%, with trading volume exceeding 11,000 lots. The rise came as older AI-related stocks rallied across the market.
Pegatron chairman Tung Tzu-hsien recently said the AI boom โhas only just begun.โ He described AI as potentially one of the major revolutions in industrial history, moving from technological development toward practical use. He also said successful AI development could widen countriesโ advantages over competitors in economic efficiency and military strength, encouraging governments to keep investing.
Public bus
Tung compared the shift with Taiwanโs earlier industrial changes. About 50 years ago, Taiwanโs economy centered on garments. Rising global demand for personal computers then drove a transition, followed by the expansion of chips and related industries. Taiwanโs technology sector is now extending into AI, he said, and the country is no longer riding a โpublic busโ but a fast โhigh-speed rail.โ
High-speed rail
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.