ViTrox Soars on Nvidia and Foxconn News, Then Crashes Back to Earth

ViTrox Corp Bhd shares shot up like a rocket, soaring 19% before cooling off to a still-impressive 14% gain on Monday.

Well, how did they do today? ViTrox was tested with gravity today. It rocketed up 16% in the morning before gravity did its thing, settling down 6% by evening, leaving everyone wondering what they had for breakfast.

And why the celebration, you ask? Well, it's not every day you get to say you're in the same sentence as Nvidia and Foxconn. That's like being the nerdy kid who suddenly finds himself in the cool crowd.

Things really heated up when Nvidia’s CEO Jensen Huang gave a shout-out to ViTrox during his keynote at Computex Taipei. He mentioned them as a key player in edge AI and factory robots for Foxconn Industrial Internet. Talk about a name-drop! If this was high school, ViTrox just got asked to prom by the quarterback.

ViTrox, understandably, couldn’t contain their excitement. They posted on Facebook about their pride in being part of the supply chain, committing to deliver top-notch vision inspection, AI, and robotic solutions. In other words, "We’re just happy to be here, folks!"

The market reaction was like a slow clap that turned into a standing ovation. Classic Wall Street move: buy on rumors, sell on news, and watch the rollercoaster in action!

Stay tuned, because this ride is far from over!