TAIPEI, Jan 26, 2026, 09:08 GMT+8 — Regular session
- ASPEED shares climbed 1.2% in early trading, following a fresh peak on Friday.
- Weekend reports showed record 2025 revenue, with investors doubling down on AI server demand.
- Traders eye the upcoming earnings date, focusing on whether the stock stays above 9,000.
ASPEED Technology Inc (5274.TWO) shares climbed 1.2% in early Monday trading, cooling off from their initial jump as investors absorbed last week’s historic surge in Taiwan’s most expensive stock. At 9:05 a.m. in Taipei, the shares changed hands at T$8,980, down from the T$9,080 opening price. The stock’s trailing price-to-earnings ratio stood near 91, per Yahoo Finance data. (Yahoo Finance)
Why it matters now: local outlets are zeroing in on the driver behind the surge — demand for servers, particularly the chips powering the racks. Taiwan’s Commercial Times reported ASPEED’s consolidated revenue for 2025 jumped over 40% to a record T$90.85 billion, fueled by steady cloud and enterprise server orders plus better availability of BT substrates, a crucial packaging material. (中時新聞網)
For now, the broader market is holding up. Taiwan’s TAIEX index nudged past 32,000 on Friday before settling at 31,961.51, according to Taiwan News, which referenced government-run CNA and local financial outlets. Wei Yung-hsiang, manager of the Taishin Taiwan Growth Dominance ETF, noted that investors are focused on external triggers and a packed lineup of U.S. tech earnings to gauge sentiment. (Taiwan News)
ASPEED, based in Hsinchu, is a fabless chip designer specializing in products for servers and remote PC and audio-video extension systems. Its offerings include chips focused on server management and control functions, Reuters’ company profile notes. (Reuters Japan)
Shares hit T$9,175 on Friday, marking a record for a Taiwan-listed stock, before closing at T$8,870, according to local reports. Foreign investors are optimistic about ASPEED reaching T$10,000 this year, driven by rising AI server demand and its upcoming BMC’s role in Nvidia’s Rubin Ultra platform. The report also highlighted ongoing E-glass qualification efforts with overseas suppliers, which could boost production capacity. (Money.udn)
Monday’s early trade came in light, setting up a mechanical test: can buyers hold the round T$9,000 mark after multiple profit-taking episodes there? If the stock pushes past Friday’s high, chatter will shift quickly to the next major milestone.
Yet the gains have tightened the margin for error. A stumble in data-centre spending, setbacks with new server platforms, or another pinch on packaging materials could derail near-term forecasts and trigger more volatile moves.
Global chip sentiment wobbled following the AI-driven rally. Nvidia shares climbed Friday, fueled by a report that China plans to permit sales of its H200 chips, according to Barron’s, which cited Bloomberg. This move might stabilize the AI hardware supply chain story that’s been boosting names across Asia. (Barron’s)
Results are the next key catalyst. According to MarketScreener’s calendar, ASPEED’s fourth-quarter earnings are due around March 8. Investors will be watching closely for any updates on BMC shipments tied to the rollout of new platforms. (MarketScreener)
For now, ASPEED’s stock movements will probably track the wider AI-server sector and the flow of funds into Taiwan’s pricey chip stocks. The 9,000 mark and any new supply-chain developments will dominate daily chatter.
