Reported 10 months ago
TSMC hit a new high on June 18, reaching 943 NT dollars, while Huacheng has been rapidly catching up recently, with its stock price rising to 945 NT dollars, surpassing TSMC and challenging the 18 thousand mark. Heavy electrical stocks, benefiting from various projects and trends like Taiwan's resilient power grid plan, energy transition, and the US infrastructure plan, have shown promising future prospects and are becoming part of the AI supply chain. Huacheng believes that the energy transition and growing demand for electricity due to the trend of zero carbon emissions will create opportunities, especially in the AI sector that requires significant power consumption.
Source: YAHOO