AI And TechnologyAnalyst remains positive on AI server product demand, AirPods capacity ramp-up in India, and auto M&A progress.
Strategic GrowthFIT Hon Teng's business transition in strategic cloud and auto segments accounted for 36% of sales, delivering strong growth of 28% and 115% respectively.
ValuationThe stock is considered attractive, trading at 8.3x/6.3x FY25/26E, maintaining a BUY recommendation.