Taiwan server maker Yongqing (7711) jumped to a record high, a strong signal that the AI hardware boom is still feeding smaller Taiwanese suppliers.

• The stock hit its daily limit and closed at an all-time high, up more than double from its late-July low.
• Business should be stronger in the second half as Nvidia B200 and B300 server shipments ramp up.
• Custom-chip (ASIC) servers are the second engine, expected to bring in about a tenth of sales by the fourth quarter.
• Foreign investors have been heavy buyers over the past month, and margin borrowing on the stock has surged too.
• The company is spending on research, lab space and AI-skilled hires, betting demand spreads from AI training to everyday business use and edge computing.

Outlook: Management expects each quarter of the second half to beat the last, with full-year results likely above earlier forecasts — and other small AI affiliates in the Pegatron/ASRock group are expected to follow.