Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>CLSA Reiterates Outperform on LENS, Envisions Yuans Tech Acquisition to Open Door to Nvidia Supply Chain
Recommend 4 Positive 6 Negative 3 |
||||
|
||||
|
LENS (06613.HK) announced plans to acquire over 95% of Yuans Technology, a supplier to Nvidia (NVDA.US) engaged in the production and sales of server cabinets, structural components, and server liquid-cooling modules, according to a CLSA report. CLSA expects the deal to be completed next year, which would help LENS break into Nvidia's AI server supply chain and drive rapid growth in its AI server business. LENS' rating was reiterated as Outperform, with a target price remaining unchanged at HKD38. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
