Jensen Huang's 'Trillion-Dollar Banquet' Effect: AI Stocks Like Foxconn and Quanta Hit Limit Up
NVIDIA CEO Jensen Huang's dinner with AI supply chain leaders triggered a massive rally in Taiwan's stock market, with major tech firms hitting daily limits.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 15:38
- 🔍 Collected: May 31, 2026 at 23:58 (56h 20m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 00:33 (24h 34m after Collected)
Central News Agency (Taipei, May 29) NVIDIA CEO Jensen Huang hosted his fifth 'Trillion-Dollar Banquet' last night, inviting AI supply chain executives. Today, 'old AI' concept stocks surged, with Foxconn, Quanta, Wistron, Wiwynn, Inventec, Acer, and ASUS hitting their daily price limits. Foxconn Chairman Liu Yang-wei announced a goal to earn over two share capitals annually, with the stock closing at 289 TWD. Quanta Vice Chairman C.C. Leung stated that the AI market will continue to grow until 2030, with the stock hitting 339 TWD. Wistron Chairman Simon Lin expects AI output to reach 10% of global GDP, with the stock closing at 158.5 TWD. Acer CEO Jason Chen noted that 'tokens are a business,' and the stock reached 35.2 TWD. ASUS Chairman Jonney Shih emphasized AI strategy, with the stock hitting 761 TWD, a 28-year high.
FAQ
Why did Taiwan AI stocks surge?
The meeting between NVIDIA's CEO and key suppliers reinforced positive growth outlooks for the AI sector.