
AI-generated summary
U.S. technology stocks continue to be under pressure, with the FedEx Index falling for seven consecutive trading days. The market is worried about overvaluation of AI-related stocks and macroeconomic uncertainty.
[Financial Channel/Comprehensive Report] Selling pressure on U.S. technology stocks exploded. The Federal Reserve index fell 3.83% last Friday. Asian stocks also fell sharply on Monday. Korean stocks opened lower and fell 3.16%, breaking through 5,500 points. The Nikkei also opened lower by 1,493 points, breaking through 64,000 points. , while Taiwan stocks fell directly below 2,400 yuan at the opening of TSMC. The index fell 266.62 points at the opening and opened at 46,844.64 points. It all fell at the electronic and financial news. The index opened lower and fell by more than 860 points. It backtested 46,252 points and backtested towards the quarter line.
U.S. stocks closed lower on Friday, with CoreWeave, Broadcom and other AI-related technology stocks under pressure again, while soaring oil prices also panicked the market before the weekend, with the panic index (VIX) exceeding 22 for the first time in four months. The Dow Jones Industrial Average fell 175.28 points or 0.34%, the S&P 500 Index fell 1.09%, the Nasdaq Index fell 2.14%, and the Philadelphia Semiconductor Index fell another 3.83%, marking the eighth consecutive trading day of declines and setting a record for the longest losing streak since 2008. TSMC’s ADR dropped by $9.64, 2.28%, to close at $412.61.
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AI outlook — possibilities, not facts
Taiwan stocks will continue to fluctuate and fall in the short term unless U.S. technology stocks stop falling and stabilize
Likely · Within days

Investment institution Aletheia Capital raised the target price of TSMC, with the target price of Taiwanese stocks looking at 5,000 yuan, and the target price of ADR raised to US$1,000, maintaining a "buy" rating. The growth rate is expected to remain above 40% from fiscal year 2026 to 2028, and EPS is expected to more than double. The report points out that TSMC's advanced process and packaging production capacity will expand, and the continued growth of AI demand is the main bullish factor.

Selling pressure on U.S. technology stocks led to a 3.83% plunge in the Federal Reserve Index. Asian stocks opened lower on Monday. The Korean stock market plunged 3.16% at the beginning of the session, breaking through 5,500 points. The Nikkei opened lower by 1,493 points, breaking through 64,000 points. However, encouraged by the rise in the U.S. futures index, the Korean stock market sharply increased by nearly 4% and turned red. The Nikkei also rose by 728 points. The overall Asian stock market experienced a major reversal.

When many consumers search for the after-sales phone number of a home appliance brand online, they are often misled by the eye-catching numbers starting with 400. What they actually receive is often fake repair personnel, resulting in repair failure or even secondary damage. Experts pointed out that the 400 number is not exclusive to the brand and can be handled by any company, and there are loopholes in the supervision chain. It is recommended that consumers check the after-sales phone number through formal channels such as the official website, manuals, warranty cards, etc., and verify the identity of the maintenance personnel.

Selling pressure on U.S. technology stocks caused the VIX index to fall for eight consecutive days, setting a record for the longest period since 2008. Asian stocks fell in response on Monday. Korean stocks plunged 3.16% at the opening and fell below 5,500 points. The Nikkei opened lower and fell nearly 1,500 points below the 64,000 level. Market panic increased, and the VIX index exceeded 22 for the first time in four months.

Hefei-based memory chipmaker CXMT projected preliminary net income of 131-132.5 billion yuan for January-September, up from a 5.3 billion yuan loss last year, with revenue expected to surge 742% to 265-270 billion yuan. Chairman Zhu Yiming proposed a 1-2 billion yuan share buyback to fund employee incentives or reduce capital.

After Maduro was arrested by the U.S. military, Venezuela's inflation rate continued to rise, reaching 617.9% in February and peaking at 649.5% in March. The decline in oil production restricted the inflow of US dollars, and people had to work multiple jobs to survive. Although there was an influx of investment, there was no improvement. With the earthquake of the century and frequent demonstrations, social unrest intensified.