ASUS Group and brand revenue both exceeded 100 billion yuan in October, both setting a single-month record high

Benefiting from the strong sales of AI servers, major computer brand ASUS (2357) announced that the group's consolidated revenue in October was 107.62 billion yuan, an annual increase of 62.25%, of which brand revenue in October was 102.2 billion yuan, an annual increase of 63%. The group and brand revenue both exceeded 100 billion yuan, both setting a record high in a single month.

The cumulative consolidated revenue from January to October reached 850.052 billion yuan, an annual increase of 41.13%, of which the brand's cumulative revenue from January to October was 796.067 billion yuan, an annual increase of 41.7%. This was mainly due to the strong momentum of server shipments and the continuous completion of delivery recognition of deferred orders, which drove significant revenue growth.

ASUS has good server order visibility, with plans for both HGX architecture and NVL 72 GB300 products. Server growth is expected to be even stronger in the next 1 to 2 years.