Market Insight | FIT HON TENG falls over 6% again, recent global technology sector correction, institutions optimistic about second half of the year AI edge and Apple upgrade cycle

Zhitong
2024.08.08 02:27
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FIT HON TENG's stock price fell by more than 6% again, with a recent pullback in the global technology sector. Institutions are optimistic about the AI edge and Apple upgrade cycle in the second half of the year, believing that companies like FIT HON TENG are expected to continue to increase their market share and value. NVIDIA's Blackwell architecture series AI flagship chip GB200's shipment time will be delayed by at least three months, which may affect Hon Hai's stock price volatility. CICC pointed out that the demand for copper cable connections in the GB200 NVL72 cabinet continues to increase, driving the overall market size expansion in the industry