TAIPEI (Taiwan News) — Taiwan’s stock market closed at a record high Tuesday, overcoming an early dip below the 30,000-point mark.
The Taiwan Capitalization Weighted Stock Index (TAIEX) rose 471.26 points to finish at 30,576.30, marking the session’s peak. Turnover reached NT$733.5 billion (US$23.3 billion), following Monday’s NT$765.8 billion, the second-largest daily volume in history, according to CNA and CTEE.
TSMC rebounded from early losses to finish 2.1% higher at a record NT$1,705, pushing its market capitalization to NT$44.21 trillion and contributing roughly 281 points to the TAIEX. Investor sentiment was supported by artificial intelligence-related developments, according to CNA.
AMD CEO Lisa Su (蘇姿丰) at the Consumer Electronics Show showcased an AI accelerator chip built on TSMC’s 2nm process, according to UDN. Analysts expect TSMC’s first-quarter earnings to remain strong despite seasonal slowdowns, with full-year revenue on track for a new record.
Delta Electronics rose 3.96% to NT$1,050, and Foxconn added 0.64% to NT$236. MediaTek slipped 0.67% to NT$1,485.
Panel makers continued gains after TrendForce projected an NT$31.5 price increase across multiple TV panel specifications. Innolux, AUO, Hannstar Display, and GiantPlus Technology all hit daily trading limits for the second consecutive session.
Robotics stocks returned to focus after Nvidia CEO Jensen Huang’s (黃仁勳) CES speech, highlighting AI’s progression from language understanding to physical-world applications. Ace Pillar, Ying Han Technology, EverFocus Electronics, and Newmax Technology all reached daily limit-ups.
Memory chipmakers also performed well. Nan Ya Technology, Phison Electronics, Macronix International, and PSMC hit limit-ups, while Winbond gained 8.9%.
Senior analyst Chien Po-yi (簡伯儀) said the TAIEX remains bullish, with increasing trading volume on both the main board and over-the-counter markets. Stocks with strong December revenue or news catalysts could see further gains.
Marbo Securities CEO Wang Jung-hsu (王榮旭) noted that technology stocks are driving market gains. However, after recent strong performances, he warned of potential short-term volatility.
AI-related sectors remain a key focus, Wang said, with TSMC’s advanced packaging expansion expected to benefit downstream areas such as memory, printed circuit boards, and optical communications. Key market drivers in January include the US Federal Reserve’s policy statement, the selection of a new Fed chair, and TSMC’s earnings briefing on Jan. 15, which is anticipated to provide positive guidance.
However, statistics show that each NT$1 increase in TSMC shares contributes 7.96 points to the TAIEX. On Monday, TSMC accounted for more than 89% of the index’s total 755-point gain.
TSMC also recorded the highest single-stock trading value at NT$117.86 billion, or 15.4% of total market activity, whereas other stocks showed weaker performance. Among listed companies, 251 advanced and 749 declined, and on the over-the-counter market, 158 rose and 649 fell.
In response, National Stabilization Fund Executive Secretary Juan Ching-hwa (阮清華) said the government aims to maintain industry balance, noting polarization between leading tech firms and traditional sectors. He emphasized cross-agency efforts to support the upgrade of conventional industries.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
