Reported about 1 year ago
With the Apple Worldwide Developers Conference (WWDC) kicking off on June 11th, Taiwan stock market is focusing on fundamentally strong, low-priced Apple concept stocks such as AU Optronics (2409), Innolux (3481), and Delta Electronics (2308) among others, which have already attracted institutional buying interest last week. The highlight of this conference is expected to be the developments in generative AI, with experts predicting potential growth in Apple's industry chain and AI smartphone sector for the second half of the year. The market is shifting its attention towards stocks with growth potential, especially those related to Apple, after a surge in AI stocks post-Computex. Market experts are looking forward to Apple's advancements in AI at the WWDC, particularly in generating AI, which could impact the market significantly. However, caution is advised as some analysts view expectations on Apple stocks as possibly overrated.
Source: YAHOO