Reported 11 months ago
Taiwan stocks are on the rise with AI giants Hon Hai and Quanta seeing target prices of 300 yuan and 400 yuan respectively. Following TSMC's momentum, Hon Hai and Quanta are expected to lead Taiwan stocks towards reaching 30,000 points. With Hon Hai leveraging AI iPhone 16 and AI server GB200G themes, its revenue target has been raised from 210 yuan to 300 yuan, indicating a potential 40% increase. Quanta, on the other hand, has themes like AI MacBook, AI GB200, and autonomous driving ADAS 3A, with its target price increased from 340 yuan to 400 yuan. Analysts are optimistic about the future performance of these AI giants in the Taiwan stock market.
Source: YAHOO