🔴 Nanya Technology is trading 9.9% down today on AI spending and valuation concerns

Nanya Technology is trading 9.9% down at TWD 395.50 as Taiwan’s broader market and semiconductor shares remain under heavy pressure.

• The stock hit its daily limit down on July 17 alongside other major chip names as investors reassess the sustainability of AI infrastructure spending.
• Market sentiment has been impacted by TSMC’s aggressive capex plans and growing concerns regarding sector-wide valuations.