The Taiwan stock market rises sharply, led by strong earnings from TSMC and gains in AI and robotics sectors. The Taiwan Capitalization Weighted Stock Index (TAIEX) climbed 269.85 points, closing at 23,383.13. Daily turnover reached NT$369 billion (US$12.5 billion), according to reports from CNA and CTEE. Throughout the week, the Taiwan stock market rises steadily, adding 632.10 points. Meanwhile, the total market capitalization of listed firms grew by NT$2 trillion, reaching NT$75.3 trillion. This marked a notable boost compared to previous levels.
TSMC shares rose 2.21% to close at NT$1,155, briefly touching an intraday high of NT$1,160. MediaTek also saw gains, climbing 1.44% to NT$1,410. Foxconn recovered 0.91% to NT$165.5 after an earlier ex-dividend adjustment. On its earnings call, TSMC’s Chair and CEO, C.C. Wei, predicted that humanoid robot demand could exceed electric vehicle demand by ten times. This bold outlook sparked a rally in robotics stocks. Companies like Aurotek, Kye Systems, Trinity Precision Technology, Ace Pillar, and Cheng Uei Precision Industry all hit daily price limits.
Furthermore, stocks such as AVerMedia Technologies, Taiwan Benefit, Pan-International Industrial, and EverFocus Electronics gained strongly. Optimism around Apple’s upcoming iPhone launch supported supply chain stocks. Largan Precision, a key optics supplier, jumped 4.06% to NT$2,435. Shin Zu Shing closed at the daily limit at NT$235.5. Other winners included Advanced Wireless Semiconductor, G-Shank Enterprise, Foxconn Technology, AIchip Technologies, eMemory Technology, Taiwan Union Technology, and Fositek. MiTAC Holdings rose 0.85% to NT$71.2 and recorded the highest trading volume of the day. This rise came after Nvidia and AMD exports to China resumed and MiTAC’s addition to a new ETF.
Positive sentiment around generative AI and Nvidia’s strong performance also helped Taiwanese firms. Shenmao Technology jumped 6.85%, Wiwynn rose 5.5%, and Elite Material gained 5.34%. Analyst Wang Jung-hsu explained that the Taiwan stock market rises mainly due to optimism after TSMC’s earnings call. This boosted confidence in AI development, while strong US market gains encouraged investors to buy tech shares. Wang added that clarity on US tariffs would support market stability. However, any delays in tariff decisions might hurt sentiment. Overall, the Taiwan stock market rises on growing AI enthusiasm and solid earnings, setting a positive tone for upcoming weeks.
