Hot Stock - Catcher Technology Receives Support from Domestic and Foreign Investors, Hits Limit Up

Reported 7 months ago

On June 13, 2024, at 4:10 PM, Catcher Technology (2392) surged again hitting the limit up to NT$75.9, aiming for a new short-term high of NT$77. Both domestic and foreign investors joined in to support the stock, with proprietary traders making a fourth consecutive buy and foreign investors who had sold for three days turning into buyers on the 13th, strengthening both the fundamental and technical aspects. Catcher Technology recently announced a partnership with Ubitus from Japan to establish 'Ubitus Supercomputing Company' and procure GPUs from ASUS, planning to build an AI computing center at the Minquan Factory in Tucheng, with the center expected to be completed in the fourth quarter of this year. With this move into the AI field, they are seen as nurturing a golden egg.

Source: YAHOO

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