Wistron July revenue jumps 60.76% as AI server momentum builds toward fourth-quarter peak

Wistron reported July consolidated revenue of NT$308.22 billion, about $9.6 billion, up 60.76% from a year earlier, as the company said AI server growth is set to accelerate further from August and build toward a full-year peak in the fourth quarter. Revenue slipped 4.22% from June, but cumulative revenue for the first seven months still reached a record NT$2.05 trillion, about $63.5 billion, up 88.16% year over year. The company said AI servers remain its main growth engine, with pull-in momentum expected to strengthen markedly beginning in August and deliver sequential quarterly growth through year-end. Wistron said the next-generation Vera Rubin platform has already entered mass production, while demand for GB300 remains strong, allowing the company to navigate the transition between product generations without a demand gap. Shipments in Wistron's traditional hardware lines were weaker in July because of seasonal factors. Notebook shipments fell to 1.6 million units, down 20% from both June and a year earlier. Desktop PC shipments totaled 700,000 units, down 12.5% month over month and 6.67% year over year, while monitor shipments were 900,000 units, down 10% from June but up 20% from a year earlier. For the third quarter, Wistron expects notebook shipments to decline from the second quarter, while desktop PCs and monitors are projected to stay flat. For general-purpose servers, the company expects the second half to be flat versus the first half. Market attention remains centered on whether AI server shipments, capacity utilization and margins can sustain the stronger second-half outlook. Separately, Wistron has drawn scrutiny after Taiwan's first reported case of a second-delayed cash dividend distribution. Taiwan's Financial Supervisory Commission's Securities and Futures Bureau said it asked the Taiwan Depository & Clearing Corporation to investigate, and a severe finding could lead to Wistron losing its qualification to self-administer stock affairs. Wistron shares have risen 18.44% over the past five trading days, compared with a 19.36% gain in the broader computer peripherals sector, underscoring strong market expectations for the AI server theme.