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via BeInCrypto · By BeInCrypto Editorial

AMD and Micron Get New Price Targets as Taiwan Chip Exports Hit Record $30.8B

BE
BeInCrypto Editorial
(08:01 PM UTC)
1 min read
OB
Updated byOlivia Bennett

Taiwan chip exports climbed to a record $30.8 billion in the latest monthly print, up 60% from last year. Stock prices for both Advanced Micro Devices (AMD) and Micron Technology (MU) broke out of long consolidations this month.

This is crucial evidence that AI demand remains underpriced, according to Capriole Investments founder Charles Edwards.

Taiwan Chip Exports Set a Record on AI Demand

Ta…

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