A local investment advisor maintains a Buy rating on TXC and raises the target price to NT$236, optimistic that 800G and 1.6T optical modules will drive high-frequency quartz demand, forecasts 2027 EPS of NT$8.44, with AI revenue share expected to reach 23%, surpassing handsets.
Taiwan Stocks
Foreign outlets remain upbeat on continued AI infrastructure expansion, with TSMC benefiting from advanced-process demand; about 70% of Q3 revenue came from high-performance computing, with a scenario putting its 2030 market value at US$6.5 trillion.
Taiwan stocks opened high and moved lower on the 27th, closing up 54.8 points at 46096.23 points, with turnover of NT$9765.47 hundred million. Guo Zherong said the volatility stemmed from geopolitics pushing up funding costs, not a deterioration in fundamentals, stressing that the fourth quarter has the highest win rate for bulls and naming old AI and low-base stocks.
Waterland Futures' trading system reported a duplicate execution-report anomaly, with 116 accounts affected. The accounting system was fixed in the early hours of the 23rd. The FSC said the TAIFEX will conduct an on-site inspection on the 28th, with a maximum fine of NT$2.4 million for any internal-control violations.
Fubon Taiwan 50 (006208) is expected to split 1-for-8, with a unitholders' meeting on December 18 to vote. If approved, the board-lot threshold will fall to around 30,000, with total market value unchanged. Buy by November 16 to be eligible to vote. The July dividend of 4.75 hit a record high, with another ex-dividend in November to watch.