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Pegatron Shares Rise on AI Project and Nvidia GB300 Server Shipments

From Liberty Times · () Chinese

Translated from Chinese and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Named sources Context piece
  • 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 Nvidiaโ€™s GB300 server project and from continued second-half orders by a new cloud-service provider.

The AI boom has only just begun.

· Tung Tzu-hsienPegatronโ€™s chairman described AI as a major industrial shift that is moving toward practical applications.

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 โ€œhas 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 Tzu-hsienHe used the phrase to contrast Taiwanโ€™s earlier industrial position with its current rapid move into AI.

Tung compared the shift with Taiwanโ€™s earlier industrial changes. About 50 years ago, Taiwanโ€™s economy centered on garments. Rising global demand for personal computers then drove a transition, followed by the expansion of chips and related industries. Taiwanโ€™s technology sector is now extending into AI, he said, and the country is no longer riding a โ€œpublic busโ€ but a fast โ€œhigh-speed rail.โ€

High-speed rail

· Tung Tzu-hsienHe said Taiwanโ€™s technology industry is now moving into AI at much greater speed.
About this summary

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.