US Stocks Rebound, NVIDIA Earnings Exceed Expectations; Taiex Expected to Reclaim Monthly Average, Say Analysts
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AI Summary (NQ-processed)
On May 21, investment analysts suggested that due to the rebound in US stocks on May 20, strong NVIDIA earnings, and positive Taiwan export order data, the Taiwan stock market is poised to reclaim its monthly moving average and challenge new highs. Although the market fell on the 20th due to institutional selling, optimism for AI prospects remains strong. Concurrently, AMD CEO Lisa Su's arrival in Taiwan on the 20th for a forum adds further buzz to the tech sector.