Delta Electronics Reports 14.6% Revenue Growth as Shares Fall 3.31%

Delta Electronics posted a 14.6% year-over-year increase in September revenue, while its shares fell 3.31% after the U.S. International Trade Commission (USITC) opened a patent investigation involving power-delivery technology. The company recorded consolidated revenue of NT$65.4 billion for September, up from NT$57.061 billion a year earlier and 1.3% from NT$64.586 billion in August. Revenue for the first nine months reached NT$539.668 billion, increasing 37.2% from NT$393.272 billion during the same period last year. Demand from global cloud-service providers for high-end artificial intelligence server power supplies and cooling modules remained a key growth driver.

Source: TokenPost