Trio-Tech (TRT) Hit $24.75 in 2007, With AMD Using TRT for AI GPUs It Will Go Back There

Trio-Tech (TRT) is technically a U.S. based company with a headquarters in California, but its share price performs best when Chinese stocks outperform U.S. stocks. The recent rally in Chinese stocks is the beginning of a major secular trend that will expand to stocks in Singapore, Malaysia, and Thailand, all countries where TRT has a significant presence in addition to China. In recent weeks, TRT has been one of the only Chinese stocks not to breakout big, probably because investors are overlooking TRT as a China play being that it is technically based in California.

Between July 1996 and October 1997, TRT rallied from $2.50 up to $11.67 for a gain of 366.80%.

Between August 2006 and July 2007, TRT rallied from $6.20 up to $24.75 for a gain of 299.19%.

1997 and 2007 were major peaks in valuations for Asian stocks so despite TRT being a U.S. based company, it has a history of performing best during Asian bull markets.

Maybe TRT only gains by 100% between now and year-end, but by this time next year we will be shocked if TRT isn't up by 300%-500% from its current share price.

AMD has the #2 largest GPU market share behind Nvidia (NVDA), and the company is rapidly expanding its R&D presence throughout Asia for the development of new GPU chips for AI to better compete with NVDA.

Rather than shipping all of its chips out to TRT for testing, AMD is investing big to install TRT's equipment inside of their own labs throughout Asia!

TRT's manufacturing revenue grew by 60% last quarter!

TRT's distribution revenue grew by 30% last quarter!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.