JPMorgan Chase and Uni-President Securities simultaneously raised their fair value targets for Nan Ya to 300 yuan, citing heating demand for AI high-end materials. Nan Ya's stock price has surged from below 100 yuan in mid-June to the 200 yuan mark.
Analyst upgrades for Nan Ya, a key supplier of high-speed PCB materials, indicate tightening supply and rising pricing power for AI infrastructure components.