Reported 8 months ago
Recently, artificial intelligence (AI) has been influential in the stock market, leading to target price upgrades for major Taiwanese companies such as TSMC, Hon Hai, MediaTek, and Quanta, which are part of the F4 weighted stocks. Both local and foreign institutional investors have been raising their target prices frequently. TSMC, for instance, reached a high of 984 NT dollars last week, nearing the 1,000 NT dollar mark, and closed at 970 NT dollars on Friday, marking a 63.5% increase in stock price for the year.
Source: YAHOO