Foxconn's Share Price Nears TWD 200 Barrier: Expert Says Chance of Breaking TWD 200 is 90%

Reported 7 months ago

Foxconn's (2317) stock price reached TWD 190 yesterday, marking a 16-year high and continued to rise today, briefly touching TWD 198.5. Analysts believe there is a 90% chance of Foxconn breaking the TWD 200 barrier. Founder Terry Gou vowed not to retire as long as Foxconn's stock price remains below TWD 200, but he resigned from the company last year. With Foxconn riding the AI wave and its stock price soaring, it is now just one step away from Gou's TWD 200 target.

Source: YAHOO

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