FIT HON TENG's stock price surged 7.30% during intraday trading on Monday, marking a significant upward movement.

The sharp rise is attributed to positive developments from its parent company, Foxconn (Hon Hai Precision). Foxconn has reportedly delivered full-optical CPO (Co-Packaged Optics) switch cabinets to NVIDIA ahead of schedule and dramatically raised its shipment target from an initial 10,000 units to 50,000 units. Furthermore, Foxconn previously announced that AI servers now constitute over 50% of its total server revenue, with full-year AI rack shipments expected to double and capital expenditure plans increasing by more than 30%.

As Foxconn's core supplier in high-speed connectivity solutions, FIT HON TENG is positioned to directly benefit from this rapid expansion in AI computing infrastructure across areas like copper connections, optical modules, and liquid cooling thermal solutions. The market anticipates the company will share in the growth dividends from its parent's increased orders, driving sustained investor interest.