AI Spurs Biggest Foreign Buying of Taiwan Stocks in 20 Years
Global funds snapped up Taiwanese stocks in their biggest one-day buying spree in two decades, signaling confidence that chipmakers will remain AI-boom beneficiaries, even as broader markets face growing fears of disruption.Overseas investors bought a net $2.77 billion of Taiwan equities on Tuesday, the most since December 2005, according to data compiled by Bloomberg. The investment also marked a sixth straight day of buying by foreign funds....
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