Reported 9 months ago
After a roadshow in Europe on June 26, 2024, Lyon Securities released a report on the Taiwan semiconductor industry, highlighting the growing interest in Edge AI among European investors seeking new investment opportunities beyond the 10% cap in AI benchmark stocks. Within the Taiwan stock market, Lyon has a positive outlook on MediaTek, Xiang Shuo, M31, Kadena, and others, giving them a 'buy' rating. European investors are showing particular interest in the potential of Edge AI like AI personal computers, with Qualcomm and MediaTek expected to benefit in the AI PC theme and potentially gain market share from Intel. Among Taiwan manufacturers, MediaTek is favored due to opportunities in the high-end smartphone market, with a target price of NT$1,375.
Source: YAHOO