Taiwan shares hit record highs on the AI boom — and it may not be too late to join the party
Publishing timestamp: 2024-03-22 03:06:08
Summary
Taiwan shares hit record highs fueled by booming demand for AI and semiconductor technology, with expectations of further gains. Chip giant TSMC and other tech firms in Taiwan are benefiting from the trend, while sector rotation may be needed to push the benchmark index even higher. Despite strong headline index performance, market breadth has been narrow.
Sentiment: POSITIVE
Tickers: 2382-TW, 3231-TW, .TWII,
Keywords: breaking news: technology, taiwan weighted index, technology, wistron corp, taiwan, business news, asia economy, quanta computer inc,