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Wiwynn Reports Record Second Quarter Profits and Revenue Surge

The company announces a $500 million investment to expand its U.S. subsidiary and support AI server demand
Taiwan
w 6669.TW w 3231.TW Blue Chip 150 Tech 350 Mid and Small Cap 2000
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Wiwynn, a leading server OEM under the Wistron Group, reported its highest-ever quarterly net profit of NT$4.694 billion (approximately US$150 million) in the second quarter, maintaining a gross profit margin of 10%. Earnings per share hit NT$26.85, contributing to a first-half net profit of NT$9.401 billion (US$300 million), or NT$53.77 per share. This marks the most successful first half in the company’s history.

Wiwynn’s consolidated revenue for July was NT$31.121 billion (US$1 billion), a record high for the month, representing a 1.18% monthly increase and a 76.23% annual increase. The company’s seven-month consolidated revenue totaled NT$178.231 billion (US$5.84 billion), up over 20% year-on-year.

The board approved a US$500 million (NT$16.418 billion) capital increase for its U.S. subsidiary, Wiwynn International Corporation, to bolster working capital and optimize its financial structure. The move is in response to strong demand for AI servers and high-priced NVIDIA AI chips.

Despite a drop of NT$45 in its stock price, closing at NT$1,905, Wiwynn remains optimistic about the cloud industry and AI server demand. The company plans to continue investment in data center technology and product development, with the Blackwell family series of products expected to boost revenues in the fourth quarter and beyond. Wiwynn’s consistent performance in the first half of the year has set a strong foundation for future growth.

 

 

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