Huang Renxun Worries About Power Shortages! Heavy Electrical Stocks Shine as Power Plant Issues Heat Up; AsiaLink Ignores Foreign Selling and Hits Daily Limit Up

Reported about 1 year ago

NVIDIA CEO Huang Renxun's recent visit to Taiwan and announcement to expand investments in the country, including setting up a factory, brought attention to the challenge of power supply limitations. This concern not only caught the eye of the Ministry of Economic Affairs but also sparked interest in stocks related to power plants, such as heavy electrical equipment, electrical cables, and wind power generation. Minister of Economic Affairs Guo Zhihui assured that Taiwan's green energy plans can meet the demand and that there won't be power shortages, with solar energy being a priority. Investors are looking at opportunities in Taiwan's power supply chain, focusing on Taiwan Power Company's resilient power grid plans and wind power opportunities, as well as the potential for solar power plants in the future.

Source: YAHOO

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