When the curtains fell on this year's COMPUTEX, the emphasis was squarely on the transformative power of Artificial Intelligence (AI). Dubbed the 'Year of AI: 2024', the expo proudly showcased contributions from over 1,500 companies across 36 countries, marking a significant leap in AI's transition from cloud-based to edge applications. Amongst many announcements, NVIDIA's partnership with Hon Hai (2317-TW) to establish an advanced computing hub in Kaohsiung using the GB200 superchip was a clear standout. This convergence of leading semiconductor technology and substantial industry participation underscores Taiwan's pivotal role in the accelerated expansion of AI technologies.

Despite the successful expo, the question remains: What's next for the AI sector after COMPUTEX? Investors, having seen significant rallies in AI-related stocks, are wary as the next earnings reports loom months away. With the Taiex index reaching new heights and AI stocks hitting peak values, emotions among major investors show signs of caution with increased profit-taking activity. The ongoing consolidation in AI could influence the broader tech sector's performance, yet with international markets still buoyant, investment shifts towards new areas might become a feasible strategy.

Amidst these shifts, non-electronic sectors like traditional manufacturing, shipping, and biotechnology could capture market interest. The logistics and shipping companies, already riding high on increased demand due to global restocking cycles and extreme weather events, might see further improvements. Taiwan's shipping giants, Evergreen (2603-TW), Yang Ming (2609-TW), and Wan Hai (2615-TW), have particularly reacted quickly, with Wan Hai’s stock hitting its upper limit twice this week alone. Should this trend continue, these sectors offer promising avenues for investments during market fluctuations.

Navigating these market rotations demands patience and strategic insight. As technology stocks take a breather, capital might flow into biotech and healthcare. Analyst Chen Chih-lin hinted during a recent live stream about potential opportunities in June for biotech, specifically highlighting Bora Pharmaceuticals (6472-TW). With this firm approaching a crucial breakthrough, Chih-lin and other experts suggest that now is an opportune time for strategic positioning.

As the market landscape evolves, Taipei’s stock market hits another historic peak. Investors face a whirlwind of emotions with frequent ups and downs, emphasizing the need for a clear understanding of the macroeconomic growth drivers rather than getting lost in transient stock movements. By following industry experts like Chih-lin, investors gain real-time insights and advice, potentially easing the challenges of individual stock selection. For those looking to deepen their market involvement, Chih-lin's app provides valuable tools for real-time stock selection and strategy formulation, enhancing investors’ abilities to stay ahead of market trends without constant monitoring.

In conclusion, even as COMPUTEX has ended, the implications of the event continue to ripple through the financial markets. As we consider the potential shifts in leading sectors, investors are encouraged to explore new opportunities, stay informed with expert analysis, and strategically align their portfolios to navigate the dynamic landscape that lies ahead. Just as COMPUTEX brought AI to the forefront, the coming months will reveal which sectors will emerge as the new frontrunners in this complex, ever-evolving market scenario.

Last edited at：2024/12/16