Asustek Computer Shares Jump 10% After Q2 Profit Nearly Doubles On Surging AI Server Demand
TAIPEI — Shares of Asustek Computer surged Thursday after the Taiwanese electronics maker reported second-quarter earnings that nearly doubled from a year earlier, extending a rally that has made the company one of the standout performers of Taiwan's ongoing artificial intelligence-driven technology boom.
Asustek shares, traded on the Taiwan Stock Exchange under ticker 2357, climbed to 937.00 Taiwan dollars as of 1:30 p.m. local time, up 85.00 Taiwan dollars, or 9.98%, from the previous close of 852.00 Taiwan dollars. The move pushed the stock close to its 52-week high of 964.00 Taiwan dollars, a level reached earlier this year, and firmly within reach of a fresh record following Thursday's earnings-driven rally.
Asustek reported second-quarter 2026 earnings per share of 25.64 Taiwan dollars, nearly double the 13.20 Taiwan dollars reported in the same period a year earlier. Revenue for the quarter came in at 257.7 billion Taiwan dollars, up 37% from the second quarter of 2025, while net income reached 19.0 billion Taiwan dollars, an increase of 94% year-over-year. The company's profit margin expanded to 7.4%, up from 5.2% a year earlier, with the improvement driven primarily by the strength of revenue growth outpacing the rise in costs. Both headline figures topped analyst expectations, with........
