FPT Corp.'s stock price hit 118,000 dong in mid-March, the highest since its listing in 2006. The closing price on Thursday was 114,900 dong, representing a 60% increase from a year ago and a 20% increase from the end of 2023.
Key takeaways:
- Vietnamese tech group FPT's stock hit an all-time high in mid-March, driven by a partnership with AI chipmaker Nvidia.
- Southeast Asian AI-related stocks, particularly those collaborating with Nvidia, have seen a significant increase due to the rise in demand from the spread of generative AI.
- FPT Corp.'s stock price reached the 118,000 dong level in mid-March, the highest since its listing in 2006.
- The closing price on Thursday was 114,900 dong, up about 60% from a year ago and 20% from the end of 2023.