TAIPEI (Taiwan News) — Taiwan’s stock market climbed Thursday, following Wall Street gains after US President Donald Trump dropped his threat of tariffs on European nations over interest in Greenland.
The Taiwan Capitalization Weighted Stock Index (TAIEX) rose 499.71 points to close at 31,746.08, after reaching a record intraday high of 31,890.62. Turnover totaled NT$791 billion (US$25 billion), according to CNA and CTEE.
TSMC increased 1.15% to NT$1,760. Delta Electronics hit its daily limit-up at NT$1,245, a record high that made it Taiwan’s second-largest listed company by market capitalization, above NT$3.2 trillion.
Foxconn, surpassed by Delta, rose 2.05% to NT$223.50. MediaTek added 1.37% to NT$1,485.
Memory chip makers rebounded following losses in the previous session, driven by concerns over potential US tariffs on overseas production. Unifosa hit its daily limit-up, Adata gained over 9%, and Phison rose 7.78%.
Nanya Technology, which will exit trading restrictions on Friday, advanced about 6%. Analysts noted that rising global demand for artificial intelligence-related infrastructure has increased certain memory chip prices, while production shifts toward higher-margin products have tightened availability in other segments, according to DarkFlash.
Passive component stocks advanced on reports of rising prices for resistor products. Yageo closed up 6.67%, while Walsin Technology reached its daily limit-up at NT$157, a four-year high, with more than 40,000 unfilled orders at the close.
Heavy electrical equipment stocks also gained following the first day of listing for Ta Tun Electric Wire and Cable. Shihlin Electric hit its daily limit-up, Fortune Electric rose 5.37%, and Chung Hsin Electric and Machinery and Allis Electric posted modest gains, supported by expectations of AI-driven power demand.
Fubon Research Chair Chen Yi-kuang (陳奕光) said the rebound in bond markets and reduced geopolitical uncertainty supported market confidence. However, he suggested the index may need a short pause after recent gains, although the broader upward trend remains intact.
Senior analyst Chien Po-yi (簡伯儀) highlighted the positive impact of Trump’s tariff decision on European allies and a strong rally in the Philadelphia Semiconductor Index. He added that the main board and the over-the-counter market both showed solid momentum, supported by continued strength in AI-related stocks and seasonal year-end demand, according to CTEE.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
