Stock Track | DELTON Soars 7.30% Intraday on PCIe6.0 Mass Production Expectations and Oversold Rebound

Stock Track

05/20

DELTON's stock price surged 7.30% during intraday trading on Wednesday, marking a significant upward movement.

The rally follows the company's recent disclosure that its PCIe6.0 technology is expected to officially enter mass production after the third quarter. Additionally, the company has confirmed securing 8 of the global top 10 server manufacturers as clients, with abundant orders on hand and strong growth in computing-power demand. The company has also initiated pre-research on optical module PCB products, and its affiliated fund has invested in three AI industry hardware and software projects.

These positive business developments, combined with a technical oversold rebound after the stock's sharp decline in the prior week, collectively contributed to the intraday price surge.

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