Delta Electronics stock jumped sharply Tuesday morning as buyers piled in, good news for investors betting on the AI hardware boom.

• The stock rebounded off its lows and rose more than 5% in morning trading, on heavy volume.
• Strong demand for power supplies used in AI servers is keeping orders and shipments flowing.
• August sales slipped from July but were up 35% from a year earlier, a sign demand is holding up.
• European analysts expect sales to grow again month-to-month in September, with a stronger fourth quarter as new products ramp up.
• Power products make up over half of revenue; the company is also pushing into industrial electric vehicles for warehouses and logistics.

Outlook: Sales momentum should pick up into year-end as new product lines move into mass production.