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Allied Technology Hits Daily Limit on Strong AI Power Product Outlook
Electronic Technology · Electronic Components · economic_daily · 2026-08-26
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Allied Technology's stock surged to its daily limit on the 26th, driven by robust demand for AI power connectors and an optimistic outlook for Q3 revenue growth.
What Happened
Optimistic Operational Outlook: Allied Technology is benefiting from a surge in demand for AI power-related products, which now account for 24% of its business. Analysts expect Q3 revenue to grow by 30% year-over-year as order visibility for the second half of the year remains strong.
Revised Growth Targets: Looking ahead to 2026, the company has raised its annual revenue growth target to between 20% and 30%. The AI power segment is projected to see a massive 50% to 100% increase, while the server and networking divisions are also outperforming initial expectations.
Strong Market Performance: Driven by these positive developments, Allied Technology's stock price hit the daily limit of NT$113.5 on the 26th, with trading volume exceeding 10,000 shares. The market has responded favorably to the company's strategic positioning within the AI supply chain.
Competitive Edge: By focusing on high-value connectors for industrial electronics and servers, Allied Technology has successfully optimized its product mix. Analysts remain bullish on the company's long-term prospects as it continues to capitalize on the expanding AI power market.