Hot Stock: Synnex's AI and Semiconductor Outlook Bright in Second Half, Foreign Investors Buy Daily

Distributor Synnex (2347-TW) has benefited from the full-scale deployment of cloud and edge artificial intelligence applications, driving its Q2 and first-half revenues to new historical highs. On the 17th, it closed at NT$85.3 with a weekly trading volume of 57,743 shares. Foreign institutional investors initiated a five-consecutive-day buying spree, accumulating 25,383 shares over five days, while proprietary traders also bought 2,696 shares over four consecutive days.

Looking ahead to the second half, the traditional PC market faces structural challenges due to rising component costs. However, Synnex is actively focusing its operations on high-end gaming laptops with stable demand, optimizing its product mix to withstand fluctuations in consumer electronics demand.

In addition to effective price adjustments of key components boosting revenue, institutional investors expect new product categories—such as enterprise-grade APs, cybersecurity switches, and low-orbit satellite ground receiving equipment—to gain momentum in the second half, further expanding Synnex’s market share among global key distribution channels.

Internally, Synnex continues executing its Operation Management Service Platform initiative, significantly improving daily operational control and HR efficiency through AI tools. As revenue steadily grows with market trends, the company’s overall expense ratio and expected credit loss are converging. A healthy asset structure will support continued progress toward higher reliability and profitability in its earnings and operations.