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Goldman Sachs downgrades Quanta Computer stock amid AI server volume concerns

Goldman Sachs has downgraded Quanta Computer Inc. from Buy to Neutral, lowering the price target to NT$293.00 due to reduced forecasts for rack-level AI server volumes in 2025 and 2026. The firm anticipates a drop in expected units, reflecting uncertainties in demand and supply, while still expecting a strong second quarter of 2025 for Taiwan's ODM/cooling supply chains. However, caution remains regarding potential negative impacts during the product transition period in the third quarter of 2025.
Investing.com
Quanta Computer Inc. TWN Allen Chang
Business & Industry, Market Report
11:18 24.03.2025
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