Taiwan Stocks Surge, Led by AI Concept Stocks, Challenging 44,000 Points

NVIDIA CEO Jensen Huang arrived in Taiwan early last Saturday to warm up for the Taipei International Computer Show. AI concept stocks have heated up rapidly, driving the Taiwan stock market to break through 43,000 points yesterday and hit a new record high. Whether the Taiwan stock market can continue to hit new highs today and challenge 44,000 points depends on the performance of AI concept stocks such as TSMC and MediaTek. The US stock market was closed on the 25th for Memorial Day. On the 25th, the Taiwan stock market was led by AI concept stocks, hitting a historical high of 43,645.78 points during the session and closing at 43,644.40 points, also a record closing high. In addition to attending NVIDIA's Taiwan employee meeting, Huang is expected to hold a 'trillion-dollar banquet' with senior executives of Taiwan's AI supply chain. After dinner yesterday, he told reporters that Taiwan's manufacturing growth is strong, and global demand for Taiwan's chips and computers is very strong. Furthermore, as Taiwan needs to build more AI data centers, it needs more energy. Wiwynn Chairman Hong Li-ning stated at the shareholders' meeting on the 25th that the AI market is continuing to heat up, and there is no concern about an AI bubble at present. To cope with expansion needs, in addition to dividends, the company will also retain cash to issue stock dividends. Although the stock price will be one-third after the ex-dividend, the company hopes to maintain its return on equity (ROE) and profit levels. Semiconductor equipment manufacturer ASML announced on the 25th that it will expand its recruitment scale in Taiwan this year, planning to recruit about 1,000 new talents, bringing the number of employees in Taiwan to over 5,000 to meet future growth and customer needs.