ASUS Sees Hyper-Growth in AI Server Business, Raises Full-Year Targets

ASUSTeK COMPUTER INC. (ASUS) reported significant growth in its server business, which grew approximately 200% year-over-year and 58% quarter-over-quarter in the second quarter. The company's CEO, S.Y. Hsu, expressed confidence that ASUS can achieve around 150% growth for its AI server business for the full year, up from an earlier target of 50% to 100%, driven by strong demand for compute infrastructure.