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An update from Innotek Limited ( (SG:M14) ) is now available.
InnoTek Limited has been approved as a recommended vendor for NVIDIA and IEIT Systems, highlighting its expertise in precision machining for the AI industry. The company has secured initial orders for NVIDIA’s products and a new project with IEIT, marking significant advancements in its operations and industry positioning. Production for these projects is expected to commence in the fourth quarter of FY2025, potentially enhancing InnoTek’s market presence and stakeholder value.
The most recent analyst rating on (SG:M14) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Innotek Limited stock, see the SG:M14 Stock Forecast page.
More about Innotek Limited
InnoTek Limited is a precision machining and precision metal components manufacturer that supports the Artificial Intelligence (AI) industry. The company is involved in producing components for high-end graphics processing units (GPUs) and other AI-related hardware, focusing on collaborations with major industry players like NVIDIA and IEIT Systems.
Average Trading Volume: 551,018
Technical Sentiment Signal: Buy
Current Market Cap: S$127.2M
For detailed information about M14 stock, go to TipRanks’ Stock Analysis page.