Taiwan's Kunton Technology is riding the booming satellite and AI cooling markets straight into a strong public listing, a clear win for the company and a sign of how hot these two sectors have become.

• Kunton makes precision metal parts and now supplies low-orbit satellite makers like Starlink and Amazon's satellite unit, with satellites now driving two-thirds of its revenue and profits more than doubling in two years.
• The company is also moving into liquid cooling parts for AI servers, a market expected to grow fast as AI computing demands more power, giving it a second growth engine beyond satellites.
• Goldman Sachs expects the global low-orbit satellite market to grow more than tenfold over the next decade, which bodes well for component suppliers like Kunton.
• Taiwan's stock market also had a strong day, jumping over 2% and clearing the 47,000 point mark, lifted by AI-related chip and optics stocks hitting price limits on new deals and investor demand.
• Elsewhere, Taiwan's currency has been swinging sharply and briefly hit a one-month low, while state-run oil company CPC faces a mounting multi-billion-dollar loss from absorbing fuel price differences, raising pressure on the government to recapitalize it.

Outlook: Kunton's listing should draw strong investor interest given its exposure to two fast-growing tech trends, while Taiwan's broader market strength looks tied to continued AI-driven buying.