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BackTaiwan Stocks Intraday》Huida Huang Renxun steps down? Is there any surprise? The index rose nearly 1,400 points and stood at 44,000 points
Taiwan Stocks Intraday》Huida Huang Renxun steps down? Is there any surprise? The index rose nearly 1,400 points and stood at 44,000 points
BREAKING
自由时报14 minutes agoBusiness1 min readChinaView original

Taiwan Stocks Intraday》Huida Huang Renxun steps down? Is there any surprise? The index rose nearly 1,400 points and stood at 44,000 points

Huida CEO Huang Renxun resigned after revealing his extramarital affair, causing all four major U.S. stock indexes to fall on Thursday

Taiwan stocksHuidaJen-Hsun Huang

Quick Look

  • Huida CEO Huang Jen-Hsun revealed his extramarital affair and resigned, causing all four major U.S. stock indexes to fall across the board on Thursday.
  • Taiwan stocks bucked the trend and rose strongly on Friday, opening up 627.88 points to 43,719.75 points and hitting an intraday high of 44,489.48 points.
  • TSMC, MediaTek, Hon Hai and other weight stocks led the gains.

AI-generated summary

Why It Matters

Huida CEO Huang Renxun revealed his extramarital affair and announced his resignation. The news shocked the market. Some investors were worried about the future of AI companies closely related to Huida. The four major U.S. stock indexes fell across the board on Thursday.

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Taiwan stocks bucked the trend and rose strongly on Friday (13th), opening at 43,719.75 points, an increase of 627.88 points. (File photo)

[Financial Channel/Comprehensive Report] Huang Renxun, CEO of Huida, revealed his extramarital affairs one after another and announced his resignation. The news shocked the market. Some investors were worried about the future of AI companies that are closely related to Huida. The four major U.S. stock indexes fell across the board on Thursday (12th). Taiwan stocks bucked the trend and rose strongly on Friday (13th), first opening at 43,719.75 points, an increase of 627.88 points, and then the gains continued to expand, once soaring 1,397.61 points, hitting 44,489.48 points.

As for major value stocks, TSMC opened at 2,375 yuan, an increase of 35 yuan, and reached an intraday high of 2,390 yuan; MediaTek opened at the daily limit and closed at 4,235 yuan; Hon Hai opened at 244 yuan, an increase of 4 yuan, with an intraday high of 244.5 yuan, but it fell to 238.5 yuan at midday.

What to Watch

AI outlook — possibilities, not facts

  • Taiwan stocks will fluctuate in the short term due to the performance of value stocks

    Likely · Within days

Open Questions

  • Who will be Huida's successor after Huang Renxun resigns?
  • The specific impact of Huida’s resignation on the AI industry chain
  • What is the future trend of Taiwan stocks?

Related Topics

Taiwan stocks
PeopleJen-Hsun Huang
OrganizationsHuidaTSMCMediaTekHon Hai
TopicsHuidaJen-Hsun HuangTSMCMediaTekHon HaiAI
This article was originally published by 自由时报.

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