Shares of FIT HON TENG (06088) surged 13.07% in intraday trading, as investors reacted positively to the company's strong positioning in the artificial intelligence (AI) and server markets. The significant uptick comes as the broader market shows renewed interest in technology stocks, particularly those with exposure to AI and cloud computing.

FIT HON TENG, an important member of the Foxconn ecosystem, has been making substantial progress in the AI field. The company has demonstrated significant advancements in key products such as backplane connectors, PCI cables, UQD, NAQD, and liquid cooling systems. These developments are expected to drive high profit growth potential for the company. Notably, FIT HON TENG's optical modules, including 1.6T optical modules, have been adopted by major clients like Microsoft, signaling strong market acceptance and growth prospects.

Analysts are particularly optimistic about FIT HON TENG's future performance. The company's expansion into the server field and its deep cultivation in AI and product innovation are viewed as key drivers for significant future growth. Institutional forecasts suggest that by 2026, FIT HON TENG could potentially generate nearly $400 million from its core business and existing AI products. Furthermore, with its entry into the backplane connector market through a patent cross-licensing agreement with Amphenol, the company is expected to substantially increase its market share and profits in this segment. These factors, combined with the company's close client cooperation and cost control capabilities, have led to expectations of the company's valuation potentially reducing to around 8x PE, highlighting its high growth potential and attractiveness to investors.