Is Huang Jen-Hsun’s position likely to be insecure? Taiwan stocks plunge by more than 1,000 points

[Reporter Zhuo Yijun/Taipei Report] Huang Renxun, CEO of Huida, has been involved in sexual scandals and espionage accusations one after another. Huida’s board of directors has launched an investigation, and it is reported that a meeting will be held to discuss whether to remove Huang Renxun from his position. Huang Renxun has been under great pressure from both internal and external forces, and his relationship with Huang Renxun Taiwan's AI concept stocks, which are the most closely related, were also affected today. The market is worried that once Huang Renxun resigns, it may affect changes in future orders. The weighted index suddenly dropped by more than 1,000 points during the session. TSMC (2330) and MediaTek (2454) weakened, and the PCB and heat dissipation groups became the hardest hit areas.

According to Uni-President Securities analysis, the expansion of the investigation into Jen-Hsun Huang’s extramarital affairs and the rumor of dismissal may cause the short-term AI community to face emotional fluctuations. However, the Philadelphia Semiconductor Index soared yesterday to regain lost ground, and TSMC released a strong signal that AI demand is growing parabolically, and the fundamental strength remains strong. Taking into account the geopolitical noise and foreign investment trends, as well as the rebound of the Taiwan stock index, which is about to enter the intensive counter-pressure area of ​​the moving average, the market is expected to fluctuate at a high level. Operation advice is to avoid chasing highs, and buy low in batches when there is an emotional pullback from non-fundamentals, so as to prioritize the deployment of technology leaders in batches, and combine diversified allocations with defensive stocks and high-dividend stocks.