KARRIE INT'L (01050) Surges Over 14% to Record High, AI Server Chassis Emerge as Core Growth Driver

Stock News
05/29

KARRIE INT'L (01050) surged over 14% during the trading session, reaching a high of HK$3.18 to set a new historical peak. As of the latest update, the stock was up 12.23% at HK$3.12, with a turnover of HK$48.3941 million. Market sentiment is buoyed by the latest forecast from Sigmaintell, which projects global AI server shipments to reach approximately 3.7 million units in 2026, representing a year-on-year increase of 51.3%. Data from Frost & Sullivan indicates that global AI server shipments achieved a compound annual growth rate (CAGR) of 45.2% from 2020 to 2024, reaching 2 million units in 2024, with an expected increase to 6.5 million units by 2030. Public information shows that KARRIE INT'L, as a leading global supplier in the server chassis sector, is significantly benefiting from the explosive growth in AI computing power demand, with AI server chassis now serving as a key growth engine. The company has been successfully included in NVIDIA's qualified supplier list for server chassis and cabinet components and has already delivered multiple next-generation AI server prototype products, including MGX and DGX models. Concurrently, the company's application-specific integrated circuit (ASIC)-related server products have commenced delivery, marking a formal entry into the core AI server supply chain and establishing a significant milestone for future order growth.

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