Taiwan’s Wiwynn Corp. reported explosive second-quarter growth as artificial intelligence server demand propelled revenue to NT$220.7 billion ($7.4 billion), surging 185% from a year earlier. The server manufacturer posted net income of NT$12.1 billion ($407 million), marking a 158% annual increase.
The results underscore how Taiwan’s tech exporters are capitalizing on the AI infrastructure buildout, though currency headwinds and geopolitical tensions are creating new challenges. Wiwynn previously warned that each NT$1 rise against the dollar cuts revenue by 3% and reduces operating margins.
Second-quarter earnings per share reached NT$65.23 ($2.19), while first-half EPS climbed to NT$117.93 ($3.96) from NT$53.77 ($1.80) a year earlier. The company’s first-half revenue of NT$391.4 billion ($13.1 billion) already exceeded its full-year 2024 performance, demonstrating the pace of AI-driven expansion.
Wiwynn’s board approved NT$4 billion ($134 million) for a new Taipei headquarters and $500 million in capital for its US subsidiary. The company plans to invest $300 million in a Texas manufacturing facility, with production expected by year-end, as management seeks to diversify away from existing plants in Taiwan, Mexico and Malaysia.
The Texas expansion comes as President Trump threatens 25% tariffs on Mexican imports starting March 4, potentially disrupting supply chains. About 70% of Wiwynn’s North American server exports currently originate from Mexico, taking advantage of trade agreements that may face revision.
Despite margin pressures from Taiwan dollar strength, Wiwynn maintained an 8.6% gross margin in the quarter while operating margins improved to 7.2%.
