Reported about 1 year ago
As the third quarter approaches, experts point out that although there is a high probability of volatility in the high-end range of the Taiwan stock market in July, AI and semiconductor concept stocks remain the focus of funds. SmartCore (3035) is expected to achieve a record-high NRE revenue in 2024, with IP revenue staying at a high level and expected to outperform the first half of the year. World Semi-KY (3661) received an upward revision in profit expectations and target price from foreign investors, ending a six-day downward trend. SmartCore has entered advanced packaging, received AI application orders, and is expected to see substantial revenue and profit increase in the upcoming years. Meanwhile, World Semi-KY benefits from strong operational prospects and is highly favored by foreign investors, with the target price raised to 4,280 yuan, representing a potential growth space of up to 74.34% from its current price of 2,455 yuan. World Semi-KY's May revenue reached 4.373 billion yuan, marking a significant monthly and yearly increase, with expectations of over 30% annual revenue growth compared to the previous year.
Source: YAHOO