TAIPEI (Taiwan News) — Taiwan’s stock market closed higher Tuesday, tracking gains in US equities overnight, with the benchmark index returning above the 32,000-point level.
The Taiwan Capitalization Weighted Stock Index (TAIEX) rose 571.33 points to finish at 32,195.36, after advancing as much as 669.8 points during the session. Turnover totaled NT$795 billion (US$25.2 billion), according to CNA and CTEE.
TSMC gained 1.98% to close at NT$1,800. Delta Electronics rose 3.4% to NT$1,215, MediaTek increased 5.28% to NT$1,795, and Foxconn added 0.93% to NT$216.5.
Aspeed Technology, the market’s highest-priced stock, closed at a record NT$9,790. A total of 32 stocks traded above NT$1,000, including Auras Technology and Chroma ATE, which returned above that level, while LandMark Optoelectronics hit its daily limit-up and Syntec Technology fell below NT$1,000.
Memory-related stocks experienced significant intraday volatility. Winbond Electronics and Nanya Technology both touched their daily limit-downs before closing down 9.05% and 5.61%, respectively.
PSMC declined 4.63%, while Macronix International reversed earlier gains to finish down 0.35%. The sector has risen notably since last year, driven by expectations of higher prices from chip shortages and a cyclical recovery in demand.
However, market reports indicate that China’s Yangtze Memory Technologies may introduce new NAND flash capacity earlier than expected, potentially easing supply constraints and affecting price outlooks. By comparison, overseas memory makers traded higher, with South Korea’s SK Hynix gaining more than 8% and Japan’s Kioxia rising over 13%, according to UDN Money.
Low-Earth orbit satellite-related stocks also advanced. Universal Microwave Technology, Unitech Printed Circuit Board, Auden Techno, Rafael Microelectronics, and Ways Technical closed at their daily limit-ups after reports that SpaceX filed an application with the US Federal Communications Commission to deploy an orbital data center constellation involving up to one million Starlink satellites, according to SpaceNews.
Fiberglass-related stocks also rose, with Fulltech Fiber Glass, Glotech Industrial, and Taiwan Glass closing at limit-up levels, while Nan Ya Plastics gained 3.4%. Fiberglass is a key material used in printed circuit boards and copper-clad laminates for electronics manufacturing.
Semiconductor test interface suppliers saw renewed buying interest. WinWay Technology and Chunghwa Precision Test closed at limit-ups, while MPI rose 8.17%.
Institutional investors said that as chip designs become more complex and power demands increase, testing has shifted from a downstream cost item to a critical factor affecting yield, performance, and delivery timelines, enhancing the value of test interfaces. They added that the sector shows structural growth momentum, with operations at major local suppliers expected to expand this year, according to CTEE.
Taishin Securities Investment Advisory Vice President Huang Wen-ching (黃文清) said the day’s gains reflected the rebound in US equities. However, buying interest weakened later in the session, especially among memory stocks.
With the nine-day Lunar New Year holiday approaching, he said investors remain cautious. This could limit further gains in the near term.
Yang Li-kai (楊立楷), manager of the PGIM Taiwan Market Capitalization Momentum 50 ETF, said market fluctuations could increase ahead of the holidays and advised investors to keep an eye on US corporate earnings. He noted the market still has room to grow under the artificial intelligence trend, though gains earlier in the year were already significant.
He noted that Taiwan’s stock market started 2026 on a strong note. The TAIEX rose over 3,000 points in January despite some late-month profit-taking, marking its highest January gain on record.
Looking ahead, Yang said Taiwan’s market is supported by steady corporate earnings growth. He advised focusing on technology stocks while also including sectors with long-term growth potential to balance short- and long-term returns, noting that periods of volatility or pullbacks could present investment opportunities.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
