Focus Stock: LITE-ON Technology's AI Server Power Supply Shipments Surge in Second Half, Stock Price Hits New High of 287 Yuan

Power supply manufacturer LITE-ON Technology (2301-TW) saw strong buying pressure in the early trading session on August 24, 2026, pushing its stock price to a new high of 287 yuan. Trading volume was significantly higher than the previous trading day.

LITE-ON Technology expects its core business to continue its year-on-year and quarter-on-quarter growth, with AI-related revenue expected to exceed 30% of total revenue. The growth momentum for the third quarter is primarily driven by the shipment of next-generation 8.5kW power supplies, high-efficiency backup battery systems, and 110kW rack-mounted power supplies. The low-orbit satellite power business also shows potential for exponential growth.

Regarding the progress of the high-voltage DC architecture, LITE-ON Technology's 800VDC power cabinets have entered the verification stage, with the first batch of samples already shipped to customers and ODMs for internal testing. Small-scale production is expected to begin as early as November, with large-scale production scheduled for the first quarter of 2027.

In response to the rapid demand for high-efficiency power and system integration solutions in the global AI era, LITE-ON Technology has significantly increased its capital expenditure from the original 13 billion yuan to 18 billion yuan. Industry estimates suggest that with the introduction of next-generation GPU 18.3kW products and ASIC new platform 8.5kW, LITE-ON Technology's third-quarter revenue is expected to increase by 15% to 20% quarter-on-quarter.