[Click eStock] "Isu Petasys, Strong Demand and Price Increase... Target Price Up"

Sangsangin Securities evaluated on the 16th that Isu Petasis is expected to experience an operating leverage effect due to strong demand and price increases. The investment opinion 'Buy' was maintained, and the target price was raised from the previous 52,000 KRW to 70,000 KRW.

Jung Min-gyu, a researcher at Sangsangin Securities, said, "Strong demand exceeding production capacity (CAPA) is causing continuous price increases for multilayer printed circuit boards (MLB), and operating leverage is expected to occur in the second half due to the expansion of AI graphics processing unit (GPU) volume." He added, "Following the ABB (Accelerator Base Board) currently in mass production, sample testing and sales generation of the OAM (Open Accelerator Module) are anticipated."

Researcher Jung also stated, "As AI workloads increase and considering cost efficiency, operational efficiency, and bandwidth scalability, front-end demand to replace networking solutions within data centers with Ethernet is rising," and predicted, "With the start of mass production of 800 gigabits per second (Gbps) switches and routers for network clients in the second half, the company's overall performance will rapidly increase."