Reported about 1 year ago
During a speech by Huang Renxun on July 8, 2024, morning at 8:47, where he stated Taiwan being the starting point for AI infrastructure, taken from a NVIDIA livestream screenshot. Referred to as the 'Huang Renxun AI Yao Hu' by netizens, Wisdom (5484) had its stock price soaring significantly, prompting a 'attention stock' notice by the Stock Exchange, disclosed its May revenue of nearly 58 million, a 105% increase year on year, but with a net loss of about 23 million, a 258% decrease year on year, resulting in a loss per share of 0.35 yuan. Today, Wisdom's stock price plummeted to the limit down, following Huang Renxun's association, gaining market confidence, with volumes significantly reduced compared to last week. Analysts noted Wisdom's struggles in transitioning to the automotive sector in recent years, aiming to turn losses into profit this year amidst market volatility and additional expenses, optimistic about its 7 AI products currently in shipment to boost operations. Another 'AI concept stock,' Advantech (2365), also met the attention trading standard with June revenue of nearly 89.04 million, an increase of 68.94% year on year, closing the day with a 1.85% increase after hitting a record 59.5 yuan.
Source: YAHOO