Jensen Huang's Taiwan Visit Sparks AI Buzz; Analysts See Strong Short-Term Momentum for Taiwan Stocks

NVIDIA CEO Jensen Huang arrived in Taiwan on the 23rd, sparking significant interest in the AI industry. Analysts indicate that the short-term bullish momentum for Taiwan stocks is strengthening. With Huang's visit, a supply chain for Vera Rubin chips involving over 100 companies is taking shape. Furthermore, the upcoming COMPUTEX Taipei and significant upward revisions in corporate earnings are expected to push Taiwan stocks toward new record highs. On the 22nd, the Taiwan stock market closed at a record 42,267.97 points. Huang dined with TSMC founder Morris Chang on the 24th. Meanwhile, electronics distributor WT Microelectronics announced plans to raise up to NT$44.6 billion through overseas financing. Uni-President Group also celebrated the 600th store milestone for both Cosmed and Starbucks.