Taiex could hit 50,000: Here's what AI stocks to invest in

• TAIEX has surged 50% year-to-date and doubled in the last 12 months, with earnings growth upgraded to 45% for 2026 and 24% for 2027.
• Taiwan's complete AI supply chain, encompassing advanced chip manufacturing, packaging, thermal cooling, and power supply, is a key driver.
• The AI development is likened to the 'third inning' of a baseball game, suggesting substantial future growth potential.
• Key beneficiaries include TSMC, Hon Hai, Delta Electronic, MediaTek, and Pegatron, among others in the tech sector.

Paul You of First Securities Investment Trust is highly bullish on the Taiwan stock market, projecting the TAIEX could reach 50,000 in the short term and potentially 60,000 in 2-3 years. This optimism is fueled by strong earnings growth across Taiwan's semiconductor supply chain, driven by the global AI boom and increased capital expenditures from cloud service providers.