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Published on: 2025-03-21 15:46:18 Published on: 2025-03-21 15:46:18

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Why has Precision Wires India Limited (PRECWIRE) been underperforming recently ✌️【Portfolio Strategy】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. When Nvidia surpassed Apple this week to become America’s second most valuable company, its CEO Jensen Huang was being feted like a rockstar in his birthplace Taiwan.

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“Taiwan is the unsung hero, a steadfast pillar of the world,” he said onstage, gesturing to a graphic that showed the names of nearly 100 of the company’s suppliers in Taiwan.

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He’s not the only celebrity CEO in town. A parade of global tech glitterati — including Lisa Su of AMD (AMD), Pat Gelsinger of Intel (INTC) and Cristiano Amon of Qualcomm (QCOM) — also flocked to the city this week to attend Computex, an annual trade show.

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“Tech CEOs are visiting Taiwan both to cement their relationships with the island’s chip manufactures and server assemblers, but also to access the country’s AI talent,” Christopher Miller, author of “Chip War: The Fight for the World’s Most Critical Technology,” told 【 - Free Stock Market Group 】.

CEOs of major global companies, especially consumer-facing ones, have usually opted for low-key trips to Taiwan or avoided the island altogether to avoid a backlash from Beijing. China’s ruling Communist Party claims the self-governing democracy as its own, despite never having controlled it and has vowed to “reunify” with it, by force if necessary.

Huang has visited his birthplace regularly and raised eyebrows on this trip by his reference to the island.

“Taiwan is one of the most important countries in the world. It is at the center of the electronics industry. The computer industry is built because of Taiwan,” he told a local reporter while visiting a night market.

Beijing generally condemns any suggestion of statehood for Taiwan. And even though Huang’s comment became a hotly trending topic on Chinese social media, the country’s state media has stayed unusually quiet on the subject.

“That’s because they don’t need us, but we need them,” a Weibo user posted on China’s microblogging service.

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“We do a lot of our manufacturing here,” AMD’s Su told 【 - Free Stock Market Group 】. “Taiwan in particular is very important to the semiconductor ecosystem.”

“We’ve been doing technology, doing engineering, and conducting business here in Taiwan for almost three decades, and we’re going to continue to do so,” he told 【 - Free Stock Market Group 】.

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In 2022, US President Joe Biden signed the Chips and Science Act into law, aiming to boost domestic production of chips, which stands at about 10% of the global supply, and reducing reliance on Asia for the most advanced kind of chips needed for artificial intelligence technologies.

Gelsinger, CEO of Intel, told 【 - Free Stock Market Group 】 at a media briefing that there has been a “manufacturing resurgence” after the bill was signed.

“We have great respect for the ecosystem here in Taiwan … But the world needs more geographically balanced and resilient supply chain, and I think it’s starting to take shape,” he said.

Why has Precision Wires India Limited (PRECWIRE) been underperforming recently ✌️【Portfolio Strategy】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Market Group 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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