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List of Flash News about Himax Technologies

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2025-05-09
12:25
HIMAX TECHNOLOGIES ($HIMX) Rated Overweight by Morgan Stanley With $8.80 Price Target: AI Market Expansion Drives Growth Outlook

According to Stock Talk (@stocktalkweekly), Morgan Stanley has initiated coverage of HIMAX TECHNOLOGIES ($HIMX) with an 'Overweight' rating and set a price target of $8.80. The firm cites expectations for Himax to expand into the cloud AI (CPO) and edge AI (AI glasses and PC) markets, signaling potential for top-line growth and margin improvement. This strategic shift toward AI segments is expected to increase demand for Himax's non-driver IC products, which could boost revenue, enhance margins, and attract more institutional interest. Crypto traders should watch for cross-market AI adoption trends as they often drive sentiment and investment inflows into AI-related tokens and blockchain infrastructure projects. (Source: Stock Talk via Twitter, May 9, 2025)

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