大和证券：富士康有望提升在英伟达供应链地位 上调目标价至310新台币

Core Viewpoint - Daiwa Securities reports that Foxconn (Hon Hai Precision) is expected to increase its market share in the AI server sector, solidifying its position within the Nvidia supply chain [1] Group 1: Market Share and Production Estimates - Analysts indicate that Foxconn's market share among all AI server manufacturers for Nvidia will gradually expand, particularly after the large-scale shipment of the GB300 server in Q4 [1] - Daiwa has raised its shipment estimates for Foxconn's NVL72 servers to 12,400 units for 2025 and 22,100 units for 2026, suggesting that the company will capture 50% and 48% of Nvidia's total AI server production, respectively [1] Group 2: Profitability Outlook - Due to the continuous improvement in Foxconn's integration and increased customer capital expenditure, Daiwa has become more optimistic about the profit margins for AI servers [1] - The target price for Foxconn has been raised from 235 New Taiwan Dollars to 310 New Taiwan Dollars, with the stock closing up 0.4% at 252 New Taiwan Dollars today [1]