Reported 12 months ago
As the Taiwan stock market soared 28% in the first half of the year, hitting 23,000 points, Nomura Investment Trust projects a 20.98% and 19.56% growth in corporate profits for this year and next year. The market is supported by AI long-term demand, the peak season for electronics, and the potential third-quarter Fed rate cut. Nomura suggests focusing on growth potential sectors such as AI, electronics, and green energy. While the market is relatively high, the outlook remains positive due to continuous growth in profit, particularly in the technology and non-electronics sectors. Strong performance is expected in AI, with companies like Nvidia planning to establish computing and research centers in Taiwan, reinforcing the demand for electronics and highlighting the potential in the long run for green energy companies.
Source: YAHOO