Focus Stocks》Delta Electronics: A deep fall is a good thing, call to hit the daily limit

Delta Electronics' stock price stopped falling and rebounded at the opening today, despite the market rebounding by 1,000 points. (File photo)

[Reporter Fang Weijie/Taipei Report] Delta Electronics (2308), a major power supply manufacturer, experienced a thousand-point rebound in the market today. The opening stock price stopped falling and rebounded, and turned on the red light under the all-out rush to induce bullish buying. As of 9:18 a.m., it temporarily quoted a price limit of 1,160 yuan, with a trading volume of 6,642, and a total of 2,726 price limit orders to buy have not yet been completed.

On the 29th of last month, Delta stated at the conference that thanks to the continued growth in demand for artificial intelligence (AI) data centers, revenue in the fourth quarter will definitely be higher than in the third quarter, and gross profit margin is expected to be no worse than in the third quarter. With the expansion of AI-related product layout, data center-related business has accounted for nearly 50% of the overall revenue, and liquid cooling business has accounted for 13%. Operations will continue to grow next year.

Delta has observed that large global cloud service providers continue to expand capital expenditures. It is estimated that global data center capital expenditures may reach US$1.2 trillion to US$1.5 trillion in 2027, and related construction needs are expected to continue until 2030. However, factors such as material supply, insufficient power, shortage of professional and technical manpower, and local policies may still cause fluctuations in construction progress and supply chain shipments.