Construction Stock Surges as NVIDIA Announces Investment in Taiwan's AI Supercomputer Center

Reported 11 months ago

FTNN News Network reports that Taiwan stock market closed at 21,858.38 points on Friday, marking a weekly gain of 684.16 points or 3.23% from June 3rd to 7th. NVIDIA CEO Jensen Huang announced plans to establish a second AI supercomputer center in Taiwan within 5 years, boosting market expectations for real estate growth. Construction stock Lienshen Bright surged and hit the daily limit at 23.9 yuan, setting a 23-year high with a weekly trading volume exceeding 40,000 shares, representing a 228.29% increase from the monthly average and leading the weekly volume and price increase ranking. Other notable stocks that saw significant increases in trading volume last week include Shengquan, Ruentex Development, Long Da, and Sitron.

Source: YAHOO

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