TaiPower has posted impressive first-quarter earnings that exceeded one share capital, leading the PCB sector to surge today.

According to reports, the Taiwanese stock market, driven by TSMC (2330), skyrocketed by about 552.61 points, closing at 20,787.64 points. The PCB sector saw a robust upward trend, with TaiPower (2383), Fuqiao (1815), and Dama (3645) all hitting the daily limit up.

TaiPower benefitted from the high demand for AI servers, achieving a first-quarter revenue of NT$21.68 billion, a gross margin of 30.4%, an operating profit margin of 20.9%, and a net profit margin of 16.0%, all hitting record highs for a single quarter. The net profit after tax was NT$3.47 billion, with earnings per share of NT$10.01, successfully returning over one share capital.

In light of this outstanding financial report, TaiPower's stock price hit the limit up today, with trading volume increasing to 8,960 shares, strongly breaking through all moving averages, driving the entire sector to rise collectively. Jinxiang Electric (2368) surged by 9.4%, Shangmao (8291) climbed by 8.68%, Gaoji (5439) rose by 6.57%, Lianzhih (3585) increased by 5.36%, and Taiyao (6274) gained 4.78%.

Market analysts expect TaiPower's revenue to continue to strengthen in the second quarter due to the increased demand for ASIC servers from U.S. customers, with gross margins steadily climbing. Looking ahead, TaiPower remains optimistic about the development of various applications across its entire product line, including AI applications, cloud services, edge computing, and low-earth orbit satellites, forecasting a bright operational outlook for the year.