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: “Buy any stock and you will make money.”
AI mania has gripped any number of stock markets across the globe in recent months — South Korea, China, the U.S. — but perhaps nowhere is it as frenzied as in Taiwan, the No. 1 producer of the chips that power the technology.
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