Concord Securities Sees AI Infrastructure Still in Early Stages, Warns of Short-Term Overextension in Taiwan Stocks
Concord Securities believes that AI infrastructure is still in its early stages, and with capital momentum not receding, coupled with the Philadelphia Semiconductor Index, which is highly correlated with Taiwan stocks, continuing its upward trend, they remain optimistic about Taiwan stocks, but warn of short-term overextension.
📋 Article Processing Timeline
- 📰 Published: April 28, 2026 at 18:21
- 🔍 Collected: April 28, 2026 at 18:32 (10 min after Published)
- 🤖 AI Analyzed: April 28, 2026 at 19:44 (1h 12m after Collected)
Central News Agency
(Central News Agency reporter Tseng Jen-kai, Taipei, 28th) Taiwan stocks surged, with only 4 trading days in April closing down. The market surged over 8000 points at most, once breaking the 40,000 point mark. Concord Securities believes that AI infrastructure is still in its early stages, and with capital momentum not receding, coupled with the Philadelphia Semiconductor Index, which is highly correlated with Taiwan stocks, continuing its upward trend, they remain optimistic about Taiwan stocks, but warn of short-term overextension.
Concord Securities Chairman Cheng Ta-yu today led the company's senior management team in a media exchange. Facing Taiwan stocks directly hitting 40,000 points, Concord Securities General Manager Chen Chih-hao frankly stated that even with the US-Iran conflict interference, Taiwan stocks performed very strongly, with a rapid rise since April, almost like a soaring stock rather than an index.
Chen Chih-hao believes that the impact of AI technology on humanity might be comparable to the invention of fire and electricity. He predicts that this wave of AI infrastructure trend will last for a considerable period, and it is still in its early stages, with everyone still exploring various possible applications of AI. However, he warns that while the AI industry itself is not a bubble, a bubble might appear in the capital market.
Concord Securities analyzes that with continuous AI capital expenditure and the expansion of related supply chains, fundamental improvements are driven, which is favorable for pushing the mid-to-long-term trend of Taiwan stocks. Currently, capital momentum has not receded, and the strong upward trend of the Philadelphia Semiconductor Index has not exhausted, leading them to be optimistic that Taiwan stocks are expected to continue their bullish trend.
Concord Securities also reminds that with the index overextended and trading volume exploding, it is expected that Taiwan stocks will maintain high-level volatility in the short term, waiting for technical overextension to converge. (Editor: Yang Lan-hsuan) 1150428
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(Central News Agency reporter Tseng Jen-kai, Taipei, 28th) Taiwan stocks surged, with only 4 trading days in April closing down. The market surged over 8000 points at most, once breaking the 40,000 point mark. Concord Securities believes that AI infrastructure is still in its early stages, and with capital momentum not receding, coupled with the Philadelphia Semiconductor Index, which is highly correlated with Taiwan stocks, continuing its upward trend, they remain optimistic about Taiwan stocks, but warn of short-term overextension.
Concord Securities Chairman Cheng Ta-yu today led the company's senior management team in a media exchange. Facing Taiwan stocks directly hitting 40,000 points, Concord Securities General Manager Chen Chih-hao frankly stated that even with the US-Iran conflict interference, Taiwan stocks performed very strongly, with a rapid rise since April, almost like a soaring stock rather than an index.
Chen Chih-hao believes that the impact of AI technology on humanity might be comparable to the invention of fire and electricity. He predicts that this wave of AI infrastructure trend will last for a considerable period, and it is still in its early stages, with everyone still exploring various possible applications of AI. However, he warns that while the AI industry itself is not a bubble, a bubble might appear in the capital market.
Concord Securities analyzes that with continuous AI capital expenditure and the expansion of related supply chains, fundamental improvements are driven, which is favorable for pushing the mid-to-long-term trend of Taiwan stocks. Currently, capital momentum has not receded, and the strong upward trend of the Philadelphia Semiconductor Index has not exhausted, leading them to be optimistic that Taiwan stocks are expected to continue their bullish trend.
Concord Securities also reminds that with the index overextended and trading volume exploding, it is expected that Taiwan stocks will maintain high-level volatility in the short term, waiting for technical overextension to converge. (Editor: Yang Lan-hsuan) 1150428
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
The text, images, and audio-visual content on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.