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Geopolitical Negotiations Add Variables; Analysts: Taiwan Stocks to Oscillate at Highs, Watch Inflation Risks

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The US Dow Jones index rose over 1.7%, while Taiwan stocks hit a new high before pulling back, with major institutions selling. PCB firm Zhen Ding-KY's subsidiary plans an IPO in Hong Kong, UMC will raise wafer prices, and a Wistron subsidiary acquired a US factory.

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Frequently Asked Questions

Q: What were the closing figures for the US Dow Jones Industrial Average on the 17th?
A: The Dow Jones Industrial Average rose by 868.71 points, or 1.79%, to close at 49447.43.
Q: What was the new intraday high reached by Taiwan stocks on the 17th?
A: Taiwan stocks reached a new intraday high of 37145 points before closing down at 36804.34.
Q: Which subsidiary of Zhen Ding-KY plans to apply for a listing on the Stock Exchange of Hong Kong?
A: Lite-On Semiconductor Technology, a subsidiary of Zhen Ding-KY, plans to apply for the listing.
Q: Why did wafer foundry UMC confirm it will adjust wafer prices in the second half of the year?
A: UMC will adjust prices in response to continuous investment and increased costs for raw materials, energy, and logistics.
Q: For what amount did WisLab EMS Corporation approve the purchase of a factory in Fremont, California?
A: WisLab EMS Corporation approved the purchase of the factory in Fremont for 61 million dollars.