Andy Cheng is 26, unemployed and, with the help of a little borrowed money, the proud owner of $60,000 worth of Taiwanese tech stocks. And in many ways, he speaks for the entire island of 23 million people when he doles out the following advice: \u201cBuy any stock and you will make money.\u201d<\/p>\n
AI mania<\/a> has gripped any number of stock markets across the globe in recent months \u2014 South Korea, China, the US \u2014 but perhaps nowhere is at it as frenzied as here in Taiwan, the No. 1 producer of the chips that power the technology.<\/p>\n Teenagers are rushing to open brokerage accounts; spikes in trading volumes are crashing firms\u2019 websites; and the Taiwanese market, up over 100% in the past year, is rallying so fast that in a matter of weeks it overtook the UK, Canada and India to become<\/a> the world\u2019s fifth largest.<\/p>\n","protected":false},"excerpt":{"rendered":"Andy Cheng is 26, unemployed and, with the help of a little borrowed money, the proud owner of…\n","protected":false},"author":2,"featured_media":720716,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,3055,11379,112,3487,1866,13509,923,51752,3998,148750,74],"class_list":["post-720715","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-debt","tag-jensen-huang","tag-markets","tag-nvidia-corp","tag-south-korea","tag-stock-index","tag-stocks","tag-taipei","tag-taiwan","tag-taiwan-semiconductor-manufac","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/720715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=720715"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/720715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/720716"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=720715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=720715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=720715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}