🟢 Nanya Technology is trading 4.9% up today as memory stocks rebound from AI-driven selloff

Nanya Technology is trading 4.9% up at TWD 399.50 as investors buy back memory names following last week’s AI-driven semiconductor rout.

• The stock is rebounding from a sharp limit-down move on July 17 triggered by concerns over AI infrastructure spending and stretched valuations.
• Sentiment is bolstered by a broader recovery in global chip stocks and continued optimism regarding the company's strong Q2 results and expansion plans.