Taiwan stocks open higher and break through 45.6k! Jensen Huang's GTC Taipei speech starts at 11:00, expected to discuss two main points

Taiwan stocks broke through 45.6k points, AI-related stocks continue to strengthen, and the market focuses on Jensen Huang's GTC Taipei speech and the COMPUTEX exhibition period, with subsequent capital flow movements attracting attention.

Taiwan stocks break through 45.6K, Jensen Huang's GTC Taipei speech to take place

Taiwan stocks opened higher on June 1, then, driven by MediaTek's strong surge and Hon Hai's rise above 300 yuan, stocks like Wistron and Quanta Computer rapidly hit the daily limit, expanding the market gains, currently surpassing 45,600 points. According to the Economic Daily, institutional investors pointed out that Taiwan stocks are currently overbought in the short term, with the 5-day moving average serving as a bullish/bearish indicator, but AI themes still attract capital.

Nvidia CEO Jensen Huang will deliver a GTC Taipei speech later this morning at 11:00, on the eve of the 2026 Taipei International Computer Show (COMPUTEX). He recently traveled with U.S. President Trump to Beijing to meet Chinese leader Xi Jinping.

Jensen Huang announced plans to invest about 150 billion USD annually in Taiwan, with Nvidia building a Taiwan headquarters, expected to be operational by 2030, to strengthen ties with TSMC.

GTC Taipei speech to focus on two major points

Industry insiders speculate that Jensen Huang's speech will focus on two key points: first, data centers, with details expected to be revealed about the server chip Feynman architecture and the Vera Rubin computing platform; second, entering the personal computer and physical AI fields, with expectations to announce the N1X chip based on Arm architecture, challenging Intel's market position.

The 2026 COMPUTEX will open on June 2, attracting 1,500 exhibitors from 33 countries. Qualcomm CEO Cristiano Amon will also deliver a speech today, announcing an agreement with ByteDance to supply millions of chips. Arm CEO Rene Haas, Marvell CEO Matt Murphy, Intel CEO Patrick Gelsinger, and NXP CEO Kurt Sievers will also take the stage successively.

How senior analysts view the COMPUTEX effect

Senior analyst Cai Minghan told Central News Agency that the market was strong over the past week, but large-cap stocks did not rally collectively. However, AI assembly plants recently turned stronger, with Quanta, Wistron, and Hon Hai all hitting the daily limit. He pointed out that lower-tier groups are beginning to catch up, which is a positive sign for healthy market rotation.

Cai Minghan explained that, based on historical experience, Taiwan stocks usually perform well from the week before to the week after a computer exhibition, and the capital flow driven by the exhibition is expected to last for two weeks. Additionally, TSMC has turned stronger after a correction, and with TSMC's shareholder meeting scheduled for this week, positive momentum is expected, leaving room for the market index to rise further.

This content is compiled by Crypto Agent from various sources, reviewed and edited by "Crypto City." It is still in the training phase and may contain logical biases or informational errors. The content is for reference only and should not be considered investment advice.