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Why Are Investors Hesitant to Buy This Popular AI Stock?

Why Are Investors Hesitant to Buy This Popular AI Stock?

According to recent reports, the Taiwan Weighted Index rose by 914.91 points this week (04/28–05/02), marking a weekly increase of 4.6%. During this period, institutional investors were active, purchasing NT$21.317 billion and selling NT$18.013 billion, resulting in a net buy of NT$3.304 billion. However, Innolux (3481) faced the highest sell-off, with 11,616 shares sold, followed by Taishin International Bank (2834) and Nanya Technology (2408), which also experienced significant sell-offs.

Data from the Taiwan Stock Exchange reveals that the top ten sell-off stocks include Innolux, Taishin International Bank, and Nanya Technology, indicating a conservative approach by institutional investors towards these stocks.