TAIPEI (Taiwan News) — Taiwan’s stock market reached record levels on Tuesday, supported by investor optimism and reports of potential tariff reductions between the US and Taiwan.
The Taiwan Capitalization Weighted Stock Index (TAIEX) reached an intraday record of 30,973.85 points before easing. It closed up 139.93 points at 30,707.22, also a record, according to CNA and CTEE.
Turnover totaled NT$723.27 billion (US$23.3 billion). Analysts said sentiment held steady despite the National Financial Stabilization Fund ending its market intervention program.
TSMC continued to advance ahead of its scheduled Thursday briefing. It hit an intraday high of NT$1,720 and closed up 1.18% at NT$1,710, both records.
MediaTek rose 2.77% to NT$1,485. Foxconn fell 0.88% to NT$226.5 and Delta Electronics declined 2.37% to NT$1,030.
Semiconductor-related stocks also rose after reports that TSMC may expand operations in the US. United Integrated Services hit its daily limit-up at NT$1,080, and Marketech International gained more than 7%.
Space- and AI-related stocks also advanced, with Zinwell and Kinpo Electronics hitting their daily limit-ups. TSEC and Compeq Manufacturing rose more than 6%. Compeq reached NT$138, its highest level in 24 years, and is up about roughly 40% since the start of the month.
The memory sector was mixed. Powertech Technology hit a record high of NT$242 and Walton Advanced Engineering rose more than 4%, while Nanya Technology, Winbond, and Adata Technology fell about 2%–3%.
Yang Li-kai (楊立楷), manager of the PGIM Taiwan Market Capitalization Momentum 50 ETF, said Taiwan’s economy remains stable, bolstered by AI exports. He added that strong domestic demand and export performance are expected to continue supporting economic growth and the stock market.
Yang said TSMC’s upcoming earnings briefing, covering fourth-quarter results and first-quarter guidance, is widely anticipated. With Nvidia’s Rubin platform now in mass production and demand for its GB300 products continuing, core suppliers such as TSMC are expected to benefit.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
