TAIPEI (Taiwan News) — Taiwan stocks pulled back on Wednesday as investors booked profits following recent record highs, with markets awaiting the outcome of the US Federal Reserve’s interest rate decision.

The Taiwan Capitalization Weighted Stock Index (TAIEX) fell 191.39 points to close at 25,438.25. Turnover totaled NT$428 billion (US$14 billion), according to CNA and CTEE.

TSMC fell 1.17% to NT$1,265. Foxconn dropped 1.62% to NT$212, MediaTek slid 1.63% to NT$1,510, and Delta Electronics eased 0.59% to NT$836.

By sector, computer peripherals, electrical machinery, and semiconductors weakened, while textile, sports and leisure, plastics, and ceramics and glass stocks posted gains.

Memory chipmakers outperformed the broader market. Winbond Electronics rose 5.19% and Nanya Technology advanced 5.92%, with both ranking first and second in trading volume at 441,000 and 352,000 lots, or 441 million and 352 million shares, respectively.

Silicon carbide–related stocks extended their rally. Episil-Precision, Mosel Vitelic, Episil Technologies, and Niko Semiconductor all closed at the daily limit, with Episil-Precision and Mosel Vitelic reaching limit-up for the fourth straight session. SiC is composed of silicon and carbon atoms, producing a material prized for its stability, low energy loss, and ability to handle high power.

Taishin Securities Investment Advisory Vice President Huang Wen-ching (黃文清) said investors are cautious ahead of the Fed’s announcement on Thursday. Equities have already recorded strong gains, and any policy move or statement deviating from expectations could affect global markets.

Huang added that selling pressure has emerged as investors adopt a wait-and-see approach, and even if the Fed aligns with forecasts, the TAIEX may consolidate in the near term.

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