Reported 8 months ago
On June 24, 2024, NVIDIA and TSMC ADR plunged, raising concerns among investment funds about volatility in the Taiwan stock market this week. The First Securities Investment Trust highlighted factors such as changes in the futures and options markets influencing the stock market signals, with a warning of potential trading risks. NVIDIA, previously surpassing Microsoft as the world's most valuable company, saw a significant drop of 6.68%, closing at $118.11, while TSMC ADR fell by 3.54% to $167.81. Market worries about semiconductor stocks in Taiwan entering a period of fluctuation were voiced. Despite recent concerns, the overall trend still leans towards bullishness, with a need to monitor semiconductor-related stocks for short-term fluctuations.
Source: YAHOO