AU Optronics Corporation

Taiwan's benchmark TAIX index closed up 308.17 points at 47,940.12 on Tuesday, after surging more than 700 points intraday before giving back gains late in the session and failing to hold the 48,000 mark.

Foreign investors bought a net 29.64 billion new Taiwan dollars, ending a two-day selling streak, with panel makers Inelux and AUO and wafer foundry Powerchip the top targets.

The rebound was fueled by cooling US inflation data, with core PCE rising 3% below expectations, which reduced the odds of another Federal Reserve rate hike and lifted US markets.

Analysts remained optimistic that the market could test 50,000 points in the fourth quarter, though they cautioned that daily turnover needs to return to the 1 trillion new Taiwan dollar level for a sustained rally.

Uh, that's, uh, that's raised the kind of, uh, profile of people that used to make, uh, TV panels.

So AUO, uh, is almost limit up, uh, and Innolux is up, uh, almost limit up as well.

These stocks have been on a absolute tear ever since this glass substrate technology was unveiled.

Gosh, that's, that's interesting.

TSMC, MediaTek, and Delta Electronics led a broad technology and financial rally on turnover of eight hundred and twenty point two billion New Taiwan dollars.

MediaTek rose six point three seven percent to a record close of five thousand and ten New Taiwan dollars, while Delta Electronics surged eight point zero seven percent and panel maker AUO locked limit up on reports that Intel may partner with it on advanced packaging.

Analysts said last week's widely expected US Federal Reserve rate hike was treated as bad news already priced in, setting up further gains heading into the fourth quarter holiday season.

That wraps up today's briefing.

Whether the state seeks damages or restitution that may inure to individuals does not alter the state's quasi-sovereign interest where the purpose of the case is the protection of the public, health, and safety of the residents of the Virgin Islands.

See AU Optronics Corporation for a South Carolina 699.

F.3D-385-394, 4th Circuit, 2012.

Claim for restitution, when tacked onto other claims being properly pursued by the state, does not alter the state's quasi-sovereign interest.

Whether the state seeks damages or restitution that may inure to individuals does not alter the state's quasi-sovereign interest where the purpose of the case is the protection of the public, health, and safety of the residents of the Virgin Islands.

See AU Optronics Corporation for a South Carolina 699.

F.3D 385-394, 4th Circuit, 2012.

Claim for restitution, when tacked onto other claims being properly pursued by the state, does not alter the state's quasi-sovereign interest.

Whether the state seeks damages or restitution that may inure to individuals does not alter the state's quasi-sovereign interest where the purpose of the case is the protection of the public, health, and safety of the residents of the Virgin Islands.

See AU Optronics Corporation for a South Carolina 699.

F.3D 385-394, 4th Circuit, 2012.

Claim for restitution, when tacked onto other claims being properly pursued by the state, does not alter the state's quasi-sovereign interest.