AI stocks fell across the board and dropped more than 100 points, falling below 16,400 points and the half-year line | Anue Juheng-Taiwan Stock Market Trend

2023-09-11 03:20:46

U.S. stocks performed flatly last week. After Taiwan stocks opened slightly higher today (11th), electronics companies weakened, AI concept stocks emerged under selling pressure, and technology stocks were unable to support the market. The index extended its losses at midday, falling more than 170 points and falling below 170 points. 16,400 points, falling below the half-year line, is expected to expand to 300 billion yuan.

Counter buying indexToday, stocks were simultaneously weak, fluctuating lower and turning black. Biotech and medical bucked the trend, rising 0.55%, and semiconductors also rose 0.27%. Information services and electronic components were the weakest, falling regarding 1.8%.

Observing the performance of electronic stocks, TSMC (2330-TW) fluctuated in the flat market today, Hon Hai (2317-TW) fell 0.5% in early trading, while MediaTek (2454-TW) relatively resisted the decline, rising regarding 0.1%, trying to hold on to the 5-day moving average; Delta Electronics, ASE, etc. also weakened.

AI concept stocks plummeted, Quanta (2382-TW) fell by more than half the limit, with Lite-On and Wistron falling by more than 5%, and Asus plummeting 6-7%; Qincheng hit the limit, and Gigabyte also approached the limit.

However, MediaTek resisted the decline, and there were sporadic ignitions in the IC design group. Shengda Technology hit the daily limit, Sichuang and Hongkang rose more than half the limit, Tianqing, Duntai, Xinding, Taixin, Peiheng, Ruiding, Ju All technology stocks rose by more than 3%.

The aerospace exhibition is regarding to debut, and military industry concept stocks bucked the trend and resisted the decline. Yiqi and Jinggang rose by more than 5%. Shixinke, Baoyi, Xingcai, Leihu, Shengtian, Hecheng, Ronggang, etc. also performed well.

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