Winbond Electronics stock price jumps as Morgan Stanley target hike fuels Taiwan memory rally

Taiwan’s Winbond Electronics Corp shares jumped Monday amid renewed investor interest in the island’s memory chip sector. By 9:50 a.m. local time, Winbond was up 7.98% at NT$115.0, having hit a high of NT$117.0. Trading volume stood at roughly 25.4 million shares, down from 50.1 million in the previous session.