TAIPEI (Taiwan News) — Taiwan’s stock market rose Tuesday, reclaiming the 33,000-point mark and closing at record intraday and closing highs, with one trading session left before the Lunar New Year holiday.
The Taiwan Capitalization Weighted Stock Index (TAIEX) gained 668.35 points to close at 33,072.97, marking the eighth-largest single-day gain in its history. Turnover totaled NT$656.5 billion (US$20.8 billion), according to CNA and CTEE.
TSMC opened higher and maintained momentum throughout the session, closing up 3.58% at a record NT$1,880 and contributing 541 points to the TAIEX. A final block trade of 6,541 lots, or 6.541 million shares, was recorded, totaling NT$12.29 billion, according to Ettoday Finance.
MediaTek rose 0.82% to NT$1,845. Foxconn gained 1.14% to NT$221, and Delta Electronics increased 0.42% to NT$1,185.
Funds returned to semiconductor and AI-related sectors. Companies in AI servers, advanced packaging, substrates, printed circuit boards, and silicon photonics saw gains.
Microcontroller unit makers Holtek Semiconductor and Artery Technology hit daily limit-ups after reporting strong January revenue, closing at NT$53.7 and NT$53.4, respectively, according to Stockfeel. MCUs combine central processing units, memory, and other components on a single chip, supporting basic data processing in devices from smartphones to edge AI systems.
Several other integrated circuit design firms, including Silicon Integrated Systems, Teamphon Energy, Analog Integrations, and Padauk Technology, also hit daily limit-ups. ICs integrate many small components on a single chip that function together to process data, control operations, store information, or handle electrical signals, according to TechTarget.
Advanced packaging firms Advanced Semiconductor Engineering and Ardentec posted gains. Supply of TSMC’s advanced packaging remains constrained this year, creating opportunities for related firms, according to CTEE.
In contrast, low-Earth orbit satellite-related stocks pulled back after recent gains. Rafael Microelectronics hit its daily limit-down, Auden Techno fell more than 7%, and Unitech Printed Circuit Board, Zinwell, GemTek Technology, Prime Electronics, and Satellitics also ended lower.
Senior securities analyst Chien Po-yi (簡伯儀) noted that borrowed funds for stock trading fell significantly last week. With strong performance in US markets and continued strength in AI-related shares, Chien expects the TAIEX to extend gains through Wednesday’s final trading day before the Lunar New Year holiday, according to CTEE.
Analyst Chang Chen-hao (張陳浩) said the US will release only one inflation report during the 11-day holiday closure. The report is expected to show month-on-month inflation remains contained, lowering the likelihood of major market disruptions.
Historically, TAIEX has opened higher 14 times and lower six times following the Lunar New Year over the past 20 years, reflecting a 70% probability of a positive opening, according to Yahoo Stocks.
Institutional investors said some short-term funds have been withdrawn for caution, resulting in slightly lower trading volumes. They advised investors to remain cautious and avoid decisions driven by short-term momentum.
Taiwan’s economy remains stable, with steady AI demand supporting a medium- to long-term uptrend. Supply chain constraints in advanced packaging, T-Glass, and memory products are driving global AI growth, giving Taiwan and the broader Asian supply chain a strategic edge.
Analysts said AI remains a key investment theme for the year. Strong demand for AI hardware and TSMC’s higher growth and spending projections position Taiwan as a bellwether for global AI hardware trends.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
