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The Taiwan stock market's memory sector shone brightly today. Winbond's stock price was particularly strong, soaring to 24.80 NTD during the session. A new high! Foreign investors seem to have a special affection for it, buying continuously for three days, with a total of over 20,000 shares. Quite impressive.
Winbond Electronics Corporation is a major player in the memory industry in Taiwan, focusing on DRAM and NOR Flash. Recently, with the ongoing AI boom, memory prices are also on the rise. The market seems very optimistic about Winbond's prospects. Automotive memory and AI applications? Investors are going crazy over this.
The global memory market seems to have emerged from its low point. Winbond's revenue figures are good, with growth for three consecutive months. An annual growth rate of over 80%? That's a bit exaggerated. The company's executives have recently spoken quite confidently, stating that the fourth quarter will be even better.
The memory industry is showing signs of recovery, and Winbond should continue to perform well. However, the market changes rapidly, so who knows what will happen? Investors should still be cautious. Let's wait and see how things develop.