Reported about 1 year ago
Huang Ren Xun, CEO of NVIDIA, announced plans to expand AI deployment in Taiwan with a focus on the electricity sector as demand surges during the hot weather season. ASE (1514) and Century Steel (9958) are benefiting from the increased interest in both traditional and green energy, with ASE performing well due to Taiwan Power's resilient grid plan, posting record-high revenues and a strong order backlog. On the other hand, Century Steel, a wind energy stock, is thriving on the localization trend in offshore wind power and limited domestic competition, with robust long-term orders and high profitability, projecting to achieve new high EPS levels in the upcoming years.
Source: YAHOO