Reported about 1 year ago
FTNN News Network reports that the CEO of AI giant NVIDIA recently highlighted concerns over power limitations during a visit to Taiwan, sparking discussions on the issue of power shortages amidst the strong demand for AI data and processing power. This led to electrical and cable stocks becoming the focus of the Taiwan stock market, with Asia Optical and Walsin Lihwa hitting the daily limit up and other electrical cable companies also seeing significant gains. The surge in demand for electrical infrastructure stocks was primarily driven by the discussion around power shortages and the resilience of Taiwan's electrical grid projects.
Source: YAHOO