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Technology Stocks : Semi Equipment Analysis
SOXX 296.20-0.6%Dec 16 4:00 PM EST

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Chip supplier shares rally
SPIRALING UPWARD:The TAIEX hit a 27-year high yesterday, while turnover on the Taipei Exchange hit a record of 40 million shares amid DRAM supply constraints
By Lisa Wang / Staff reporter

The nation’s major suppliers of memory chips and modules saw their stock prices climb by up to 9.97 percent yesterday amid speculation that Samsung Electronics Co plans to raise mobile DRAM prices by about 10 percent on the back of increasing supply constraints.

Adata Technology Co (????), the world’s second-largest memory module supplier, outperformed its peers as its shares skyrocketed near the 10 percent daily limit to NT$86, or up 9.97 percent.

The performance marked its highest level in more than three-and-a-half years.

continues at taipeitimes.com
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