TSMC fell more than 3%, small electronics stocks bucked the trend and rose

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On Tuesday, Taiwan's weighted index fell 0.79% to 18378.64 points. The turnover of was NT$262.536 billion, and TSMC dragged down the market.

​​large semiconductor stocks lower. TSMC (TW: 2330) (NYSE: TSM) fell 3.07%, United Microelectronics (TW: 2303) (NYSE: UMC) fell 0.78%, packaging and testing giant ASE (TW: 3711) fell 0.46%, wireless communications Chip company MediaTek (TW:2454) fell 0.90%

TSMC fell more than 3%, small electronics stocks bucked the trend and rose - Lujuba

​​However, printed circuit board factory Jinxiang Electronics (TW:2368) rose 5.62% to NT$86.5. The company recently stated that it will increase production capacity in the first half of this year 7 only 16% to keep up with strong demand. At the same time, Daiwa gave this stock a "buy" rating with a target price of NT$91.

MCU chip stock Nuvoton Technology (TW:4919) rose 6.11% to 139.0 yuan. Previously, due to fears that the supply chain would be disrupted again and the demand for stocking would remain strong, foreign investors from the U.S. gave the stock an outperform rating with a target price of NT$200.

​​Ruiding Technology (TW:3592) rose 6.73%. Since its listing on January 7, Ruiding's popularity has continued to rise. Among other small electronic stocks, Jingshuo Technology (TW:3189) rose 4.32%, Nandian (TW:8046) rose 3.22%, and mask (TW:2338) rose 3.47%. At the same time, Foxconn's parent company Hon Hai (TW:2317) was flat, and HTC (TW:2498) fell 0.14%.

​​Shipping stocks basically closed flat, Evergreen Shipping (TW: 2603) was flat, Yang Ming Shipping (TW: 2609) rose 0.95%, Wanhai (TW: 2615) was flat %.

Airline stocks, China Airlines (TW: 2610) fell 1.93%, EVA Air (TW: 2618) fell 1.16%.

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