🔴 Nanya Technology is trading 9.98% down today on AI spending fears and valuation concerns

Nanya Technology is trading at TWD 392.50 (9.98% down) following a sharp reversal from its recent AI-driven DRAM rally and earnings-fueled surge.

• The drop is driven by broad semiconductor profit-taking and valuation concerns as investors rotate out of chip stocks.
• Market sentiment has shifted amid growing fears regarding the sustainability of AI spending and rising competition from Chinese chipmakers.