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PCB and Optical Communication Stocks Defy Market Downturn as Investors Seek Value
Electronic Technology · Electronic Components · economic_daily · 2026-11-02
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Despite a broader market decline, PCB and optical communication stocks like Fuchu and LuxNet-KY surged as investors bet on long-term AI-driven demand.
What Happened
Market Overview: The Taiwan stock market faced significant pressure yesterday, tracking the sharp decline in U.S. technology stocks amid ongoing concerns over AI-related capital expenditures. While the broader market struggled, specific sectors with positive long-term outlooks managed to attract buying interest, signaling a selective rotation of capital.
PCB Sector Resilience: The Printed Circuit Board (PCB) sector is benefiting from the AI server super-cycle, which demands higher layer counts and greater signal integrity. Stocks such as Fuchu, Gold Circuit Electronics, and Career Technology saw strong rebounds, with Fuchu hitting the daily limit and reclaiming key moving averages.
Optical Communication Growth: Driven by the urgent need for high-speed data transmission, the optical communication industry is experiencing a surge in production value. Companies like LuxNet, Lightel, and OptiWorks outperformed the market, with LuxNet hitting its daily price ceiling as investors prioritized stocks with strong fundamental growth drivers.
Investment Outlook: Analysts suggest that while technical indicators show the market is in oversold territory, a definitive bottom has yet to be established. Investors are advised to maintain a defensive stance, reduce leverage, and exercise caution rather than aggressively chasing short-term rebounds until global market volatility stabilizes.