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King-of-Stocks Battle: King Slide Surpasses Aspeed in Intra-day Rally
Electronic Technology · Electronic Components · economic_daily · 2026-08-24
2059, 5274
King Slide shares surged to the daily limit after stellar July earnings, briefly overtaking Aspeed as the highest-priced stock on the Taiwan Stock Exchange.
What Happened
Battle for the Top Spot: King Slide saw its share price hit the daily limit of 14,720 TWD, briefly surpassing Aspeed to become the most expensive stock in the Taiwan market. While Aspeed later recovered, the intense competition between the two tech giants has captured significant investor attention.
Earnings Momentum: The company reported a robust July EPS of 50.24 TWD, prompting foreign analysts to raise their price target to 15,000 TWD. Strong confidence in the firm's ability to maintain high gross margins throughout the second half of the year has fueled the recent rally.
AI Supply Chain Dominance: King Slide remains a critical partner for ASIC and CSP providers in the AI era, securing a dominant share of the market for GPU and AI server rails. Their technical expertise and mass production capabilities have solidified their position as an indispensable supplier.
Capacity Expansion: To support long-term growth and new projects slated for 2028-2029, the company is aggressively expanding its footprint. Plans include new facilities in Kaohsiung and a significant production ramp-up in Houston, Texas, scheduled for the coming year.