Wistron Corp

Taiwanese server manufacturer Wistron reported a 128% surge in second-quarter net profit, driven by strong AI server demand. Net profit rose to T$14.827 billion, while revenue increased 64% to T$895.44 billion. CEO Jeff Lin said overall AI server demand, including from cloud service providers and enterprise customers, remains very strong and continues to exceed supply. The company's board approved an additional T$10.5 billion in capital expenditure for capacity expansion at its Taiwan facilities and also approved filing applications to issue up to 250 million new common shares in the form of Global Depositary Receipts. In July, Wistron launched a $700 million manufacturing facility in Texas to produce Nvidia's latest AI systems.

Wistron has begun mass production of Nvidia's GB300 Grace Blackwell Ultra Superchip at its first US plant, a $700 million facility in Fort Worth, Texas. The site is the first to build those chips in the United States and will also produce Nvidia's next-generation Vera Rubin Superchip. Designed to assemble and test Nvidia AI systems for American customers, the plant aims to cut delivery times and strengthen domestic supply chain resilience. Wistron chairman Simon Lin and Nvidia CEO Jensen Huang inaugurated the facility, with Huang calling it part of the largest infrastructure buildout in history. Wistron shares closed up 9.70% on the Taiwan Stock Exchange.

The global electronics manufacturing services market is projected to grow from USD 648.51 billion in 2025 to USD 853.05 billion by 2030, at a compound annual growth rate of 5.6%. The automotive application segment is expected to record the second-highest CAGR during the forecast period, driven by vehicle electrification, adoption of advanced driver-assistance systems, and integration of connected technologies. Asia Pacific is projected to exhibit the highest regional CAGR, fueled by manufacturing relocations and investments in electronics production. Key players in the market include Flex Ltd., Hon Hai Precision Industry Co., Ltd., Jabil Inc., Pegatron Corporation, and Wistron Corporation.