Yageo (2327) reported new self-filed consolidated revenue figures showing record highs for both September 2026 and the third quarter. The company said demand linked to artificial intelligence and high-performance computing, together with a resumption in customer pull-ins after the end of the summer holiday season in Europe and the United States, lifted revenue. Its stock also rebounded in early October and briefly reached 686 on Oct. 7.
September revenue reached NT$17.068 billion
According to Yageo’s filing, September 2026 consolidated revenue totaled NT$17.068 billion, up 4.5% from the previous month and 46.1% from a year earlier, marking a record for a single month. In U.S. dollar terms, revenue rose 5.4% month over month and 40.4% year over year.
Third-quarter consolidated revenue came in at NT$49.531 billion, up 11.4% from the prior quarter and 49.7% from a year earlier, also a record high for a quarter. For the first nine months of 2026, cumulative consolidated revenue reached NT$132.154 billion, an increase of 36.3% from the same period last year. In U.S. dollar terms, the nine-month increase was 34.1%.
AI and HPC demand supported shipments
Yageo said September momentum mainly came from continued rigid demand in AI and HPC applications, which lifted shipments of both high-end specialty products and standard products. The company also said order patterns across end markets returned to moderate growth after the holiday period in Europe and the U.S., helping third-quarter revenue stay strong.
Company points to healthy inventory levels
On the industry outlook, Yageo said AI applications are driving a 「structural shift」 in the electronic components industry. It said demand has increased sharply for specialty passive components with high capacitance, heat resistance and high reliability, especially in advanced servers and power modules.
The company added that downstream customer inventory levels remain broadly healthy and that customer willingness to place orders has improved. At the same time, it said it will continue to manage operating risk prudently through its global footprint and flexible capacity allocation in response to geopolitical uncertainty, potential tariff adjustments and foreign-exchange volatility.
Shares rose from late-September lows
Yageo shares moved out of their third-quarter pullback pattern and rebounded from around NT$540 in late September. On Oct. 7, the stock briefly touched 686, its highest level in the recent swing. The source article said the stock had gained nearly 20% over the previous five trading days, outperforming the broader market.
Strength in Yageo also lifted other passive component names. Walsin Technology (2492) and Holy Stone (3026) were both described as moving higher in recent sessions. The source article said market funds had clearly rotated back into the passive components sector, reflecting positive expectations among institutional investors for a second-half restocking cycle in consumer electronics and shipment momentum across the AI server supply chain.