Delta Electronics Plans Rapid Expansion as AI Fuels Growth
Robotic arms at the Delta Electronics booth at a Hannover Messe trade fair.
Photographer: Krisztian Bocsi/BloombergDelta Electronics Inc. plans to accelerate plant expansions to address production bottlenecks after surging demand for artificial intelligence data centers drove first-quarter earnings to a record.
The Taiwanese firm expects capital expenditure to rise more than 10% this year. The rapid proliferation of data centers is currently outpacing the supply of critical components, such as memory and raw materials, Chairman Ping Cheng said during an earnings call Thursday.