Taiwan's textile leader Eclat Textile is getting a wave of price-target upgrades from foreign brokers, a positive sign for investors looking for shelter from the wild swings in AI stocks.

• After an August investor briefing, four foreign brokers lifted their targets, with the highest calling for over NT$540 within a year.
• Management expects monthly sales to stay above NT$3 billion for the rest of the year and is pushing profit margins above 30%.
• Money is flowing into traditional manufacturers as a safe harbor while AI-linked shares swing hard.
• Founder Hung Chen-hai says old-economy stocks have been beaten down too far and their real value is being overlooked.
• New products now make up about 15% of sales, and brand customers are still ordering new designs at full strength.

Outlook: Management is cautiously optimistic about the first half of next year, but inflation and the global political situation make anything beyond that hard to call.