TAIPEI (Taiwan News) — Taiwan’s stock market closed higher on Tuesday, buoyed by gains in robotics, defense, and plastics, while TSMC helped steady the broader index.

The Taiwan Capitalization Weighted Stock Index (TAIEX) rose 27.72 points to 24,305.1. Turnover reached NT$514 billion (US$16.8 billion), per CNA and CTEE.

TSMC added 0.43% to NT$1,175. Foxconn rose 0.72% to NT$209, while MediaTek slipped 0.71% to NT$1,400.

Robotics shares rallied after Nvidia launched its Blackwell-based AI robotics platform, Jetson AGX Thor. Kye Systems and Solomon Technology both hit the daily limit, closing at NT$49.1 and NT$166.5, respectively.

Defense-related stocks extended gains on the back of Taiwan’s record-high military budget, with Thunder Tiger, Lungteh Shipbuilding, and Hocheng all closing limit-up.

Plastics producers advanced as global oil prices rebounded. Nan Ya Plastics rose 4.35% to NT$44.4 on heavy turnover of 152,000 lots (152 million shares), while Formosa Plastics climbed 1.88% to NT$40.75 with turnover topping 43,700 lots.

Market analyst Chang Chen-hao (張陳浩) said the TAIEX is trading near recent highs, and investors remain cautious about chasing momentum. With Nvidia earnings due and the US expected to cut interest rates, he warned the market could enter short-term consolidation after these events.

A more sustained rally, Chang added, may not emerge until US rate cuts attract foreign capital inflows and strengthen the Taiwan dollar toward NT$30. In the meantime, he suggested investors look at lower-valuation sectors such as AI healthcare, co-packaged optics (CPO), Ajinomoto build-up film (ABF) substrates, and power amplifiers.

This information is not intended as personalized financial advice. Investors should conduct their own research before making investment decisions.