ASPEED Stock Price Soars to Record-Breaking NT$19,195, Setting New Taiwan Stock Market High

(Central News Agency reporter Chang Chien-Chung, Hsinchu, 6th) ASPEED Technology, the king of stocks, saw its first-quarter profit reach a new historical high, with a net profit of NT$1.414 billion and earnings per share of NT$37.41. This propelled its stock price even higher, reaching NT$19,195 in early trading today, once again setting a new record high and a new record for the Taiwan stock market.

With the growth in server chip sales, ASPEED's first-quarter revenue and profit both reached historical highs. Quarterly revenue hit NT$3.147 billion, net profit NT$1.414 billion, and earnings per share NT$37.41.

ASPEED is optimistic about its second-quarter operations, expecting quarterly revenue to continue rising to between NT$3.4 billion and NT$3.6 billion, once again setting a historical high, with a quarter-on-quarter increase of 8% to 14%, and a gross profit margin of approximately 67% to 68%.

Driven by active market buying, ASPEED's stock price performed strongly, reaching NT$19,195 during trading, setting a new record high, an increase of NT$1,405, and its market value climbed to NT$725.6 billion. (Edited by Chang Liang-Chih) 1150506

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