Delta Electronics Market Cap Soars to $78B, Stock Hits $30

Delta Electronics’ stock reached NT$907 (US$30.00), marking a new record and bringing its market capitalization to NT$2.4 trillion (US$78 billion), making it Taiwan’s third-largest company on the main board.

The Taipei-based company, which develops power electronics and cooling solutions, has overtaken implied rival MediaTek, but is still behind market cap leaders Hon Hai Precision Industry and Taiwan Semiconductor Manufacturing Co.

Delta’s stock prices surged over 110 percent during the same period the broader market rose only 12.4 percent, according to data from the Taiwan Stock Exchange.

Key Highlights

Delta Electronics hits NT$907, becoming Taiwan’s third-largest company by market cap.
Stock surges 110 percent driven by booming demand for AI server power and data centers.
Taiwan AI infrastructure trend boosts Delta, Lite-On, and Auras Technology stocks.

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Analysts have attributed the growth to a persistent demand for AI server power and data center infrastructure, which results from the increased adoption of AI in various applications that require higher sophistication in power supply and cooling.

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Other Taiwan-based companies engaged in the same industry, such as Lite-On Technology and Auras Technology, have also seen their stocks increase quota from this trend driven by AI. Delta has attracted investor interest with its growing presence in the AI infrastructure market.