Taiwan Stock Exchange Eases Suspension Rules, Wistron's Earnings Call, July CPI Breaks Inflation Threshold for Third Consecutive Month – Weekly Recap

The Taiwan Stock Exchange announced on Monday (3rd) that the 'delisting suspension' period for regulated stocks will be significantly shortened. Wistron held its earnings call on Tuesday (4th), expecting its AI server business to perform better in the second half compared to the first. The company also anticipates its networking business to grow more than tenfold. On Thursday (6th), the Directorate-General of Budget, Accounting and Statistics (DGBAS) released July's Consumer Price Index (CPI), which rose 2.54% year-on-year—marking the third consecutive month above the inflation warning line. Below is a recap of this week's major events.

Attention investors! TWSE: Suspension period for regulated stocks reduced to 5 days, matching interval accelerated to every 2 minutes—effective August 10

The Taiwan Stock Exchange held an emergency press conference on Monday afternoon (3rd) to announce revisions to the 'Regulations on Publicizing Watched and Regulated Securities.' To improve trading efficiency and maintain market order, starting August 10, the suspension period ('closed-door policy') for regulated stocks will be significantly shortened. The current matching intervals of 5 or 20 minutes will be unified and accelerated to approximately every 2 minutes. Additionally, the TWSE has relaxed the criteria for identifying high-priced stocks as watched securities and established a semi-annual review mechanism.

<Wistron Earnings Call> AI Server Business to Outperform First Half; Networking Segment Expected to Grow More Than 10x

Wistron (3231-TW) held its earnings call on Tuesday (4th). CEO Lin Chien-hsun stated that demand for AI servers remains strong, with expanded orders from existing clients and new wins in both enterprise and CSP segments. The company expects its AI server business in the second half to outperform the first half. Moreover, within its networking business, AI network switches are expected to grow more than tenfold.

July CPI Up 2.54% YoY—Third Consecutive Month Above Inflation Threshold—Rent and Dining Out Most Noticeable

On Thursday (6th), DGBAS released the July price movement report. The CPI rose 2.54% year-on-year, slightly lower than June but still surpassing the 2% inflation threshold for the third consecutive month. DGBAS attributed the rise to typhoon-induced spikes in fruit and vegetable prices, higher tour package fees and airfares during peak summer travel season, and continued increases in dining-out expenses and rental costs, keeping inflationary pressure elevated. Core CPI, excluding fresh food and energy, rose 2.38% year-on-year. The average increase over the first seven months was 1.81%, indicating persistent domestic inflationary trends.

<Winbond Earnings Call> Customers Seeking Capacity Through 2030; Module B Expansion Plan Officially Launched

Memory manufacturer Winbond (2344-TW) held its earnings call on Thursday (6th). CEO Chen Pei-ming stated that memory supply remains tight, with multiple customers expressing interest in extending long-term contracts to 2029 or even 2030, and locking in capacity at the new Kaohsiung Module B plant early. In response to long-term demand, the company has officially launched the Module B expansion project, scheduled to break ground in January 2027, begin equipment installation in 2029, and achieve mass production by the end of 2029 at the earliest.

<Powerchip Outlook> Acting Chairman Hsieh Calls on Nearly 700,000 Shareholders: Commits to Annual Profitability and Resumption of Dividends

Powerchip (6770-TW) Acting Chairman Hsieh Tsai-chu spoke publicly on Tuesday (4th) about the company's future direction. Addressing shareholders, he emphasized that with three core pillars—memory, logic foundry, and AI-related businesses—taking shape, and improved financial structure following the sale of its Tongluo fab to Micron, Powerchip is positioned to remain profitable not only this year but also in the coming two years if market momentum persists. He committed to advancing toward the goal of 'annual profitability and annual dividend payouts.'

Nanya Raises 2024 Capex to NT$69.7 Billion; Four-Year Capex Ceiling Set at NT$346.6 Billion

Nanya Technology (2408-TW) convened a board meeting on Wednesday (5th) and passed key resolutions. It announced an upward revision of its capital expenditure for the year—from the originally planned NT$52 billion to a maximum of NT$69.7 billion. The additional budget will primarily fund advance payments for equipment required to set up production capacity at its 5A New Fab.

<Chuan Hua Earnings Call> Q2 Gross Margin at Stunning 87.42%! VP Wang Chun-chiang: 'High Margins Stem from Extreme Management Efficiency and IP Value'

Server rail manufacturer Chuan Hua (2059-TW) held an online investor briefing on Friday (7th). Executive Vice President and Spokesperson Wang Chun-chiang explained the company's Q2 operational results. In response to market astonishment over the Q2 gross margin reaching 87.42% and operating margin hitting 82.08%, Wang emphasized that these exceptional results stem from years of accumulated technological depth and innovative breakthroughs.

<Delta Sustainable AI Summit> Cheng Ping: 'Microgrids Will Be a Key Focus in Coming Years; Three Major Application Demands Identified'

Delta Electronics (2308-TW) hosted the 'Delta 55th Anniversary Sustainable AI Summit' on Friday (7th). Chairman Cheng Ping stated in his opening remarks that with global electrification accelerating and growing demand from AI data centers, electric vehicles, and corporate energy-saving initiatives, significant growth opportunities lie ahead. Delta has specifically developed a comprehensive microgrid solution this year, which will be a key focus area for the next few years.