TAIPEI (Taiwan News) — Taiwan’s stock market closed higher on Friday, buoyed by optimism over international trade developments and easing concerns about US export restrictions on AI chips.

The Taiwan Stock Exchange Capitalization Weighted Stock Index, TAIEX, gained 371.64 points to close at 20915.04. Turnover totaled NT$294 billion (US$9.7 billion), according to CNA and CTEE.

TSMC rose 3.38% to close at NT$949 (US$31). MediaTek added 2.71% to NT$1,325, and Foxconn gained 0.68% to end at NT$147.

TSMC reported NT$349.56 billion in revenue for April, setting a new monthly record. Related stocks rallied, with Yeedex Electronic hitting its daily limit-up and Shih Her Technologies and Chunghwa Precision Test Tech rising more than 7%.

Momentum carried over to semiconductor players. Alpha Holdings and Mars both surged to their daily trading limits.

Robot-related stocks gained on speculation that Nvidia CEO Jensen Huang (黃仁勳) may arrive in Taiwan as early as May 12, ahead of Computex, which runs from May 20–23. SynPower, Giantec Semiconductor, Taiwan Benefit, Yuan High-Tech Development, and Ying Han Technology all reached the daily limit.

Investor interest also extended to the silicon photonics sector. Ezconn, LuxNet, Elite Advanced Laser, and LandMark Optoelectronics each hit their daily limit.

Silicon photonics combines optical and silicon semiconductor technologies to enable faster data transmission with higher bandwidth and lower loss. This technology addresses the increasing demand for processing power by offering efficient, low-cost solutions for future information transmission and processing, according to Stockfeel.

Institutional investors said the strong performance of the Taiwan dollar and TSMC’s record-setting revenue helped fuel bullish sentiment. For the week, the TAIEX advanced 127.4 points.

This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.