MiTAC Books NT$15.7 Billion Revenue in June
MiTAC (TPE:3706) consolidated revenue of NT$15.7 billion for June, according to a Wednesday Taiwan Exchange filing.The company did not disclose comparative year-ago figures, or other details in the filing.
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MiTAC (TPE:3706) consolidated revenue of NT$15.7 billion for June, according to a Wednesday Taiwan Exchange filing.The company did not disclose comparative year-ago figures, or other details in the filing.
MiTAC (TPE:3706) booked consolidated revenue of NT$13.6 billion for May, according to a Monday Taiwan Exchange filing.Shares gained about 4% in Tuesday's afternoon trade.The company did not disclose additional details or comparative figures in the announcement.
MiTAC (TPE:3706) said AI infrastructure spending by cloud service providers is approaching $700 billion this year, reinforcing a strong demand backdrop for data center and server equipment, Taipei Times reported Friday, citing company president Billy Ho.The company said this momentum is expected to keep its revenue growth firm through the year, driven by sustained orders from hyperscalers, neocloud operators and enterprise clients tied to long-term AI buildouts, the report said.MiTAC is expanding its AI server, high-performance computing and liquid-cooled rack solutions as data center designs shift toward higher GPU density, while cautioning that tight supply of DRAM, SSDs and CPUs could still pressure execution and margins, the news outlet reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)