TAIPEI (Taiwan News) — Taiwan’s benchmark stock index retreated on Thursday after gaining more than 1,000 points in the prior session.
The Taiwan Stock Exchange Capitalization Weighted Index (TAIEX) fell 214.9 points, or 0.48%, to close at 44,396.7. The index remained above its 60-day moving average, with trading consolidating as the market absorbed short-term profit-taking pressure, according to Taiwan Index Plus and CTEE.
Turnover totaled NT$940.4 billion (US$29.1 billion), down from NT$1.14 trillion a day earlier. The total market capitalization of listed companies stood at NT$145.04 trillion, according to the Taiwan Stock Exchange.
Among the index’s most heavily weighted stocks, TSMC fell 1.66% to close at NT$2,365. MediaTek lost 2% to end at NT$3,920, slipping below the NT$4,000 mark it reclaimed the previous session.
Aspeed Technology, Taiwan’s highest-priced stock, rose 4.56% to close at NT$16,750. King Slide Works became the third stock in TAIEX history to surpass the NT$10,000 mark, climbing 6.65% to NT$10,100.
The server rail supplier posted its fifth consecutive monthly revenue record in July. It is expected to continue benefiting from demand for stronger and thinner server rails as AI servers drive demand for upgraded data center infrastructure.
Cooling module manufacturers were among the market’s leading gainers. Auras Technology, Sunonwealth Electric Machine Industry, and Asia Vital Components all reached daily limit-ups, according to Sinotrade.
The adoption of liquid cooling solutions for next-generation high-power AI chips has increased demand for related components, including cooling tanks, coolant distribution units, and cold plates. The expansion of AI server infrastructure has also supported demand for industrial automation equipment and server rails, bringing renewed investor attention to companies across the supply chain.
Robotics-related stocks gained ground after reports that Chinese humanoid robot maker Unitree Robotics was preparing for a potential stock market listing. Taiwan Chelic and Foxconn Technology both hit limit-ups, while Chieftek Precision, Chroma Ate, Mirle Automation, Kao Fong Machinery, Tbi Motion Technology, and Adlink Technology also closed higher.
The memory sector gained momentum after US-based Sandisk and Western Digital reported solid revenue growth. Phison Electronics, Innodisk, and Macronix International all reached daily limits.
Major financial holding companies retreated after recent gains as funds shifted into technology sectors. Fubon Financial Holding fell 2.7%, Cathay Financial Holding declined 2.99%, Mega Financial Holding dropped 1.76%, and CTBC Financial Holding lost 2.12%.
Senior analyst Chien Po-yi (簡伯儀) said the TAIEX has entered a period of consolidation with increased volatility after rebounding more than 5,000 points from its recent low. Chien noted that the 20-day moving average remains in a downward trend remains in a downward trend and that trading volume has not expanded significantly enough to support further market improvement, according to CTEE.
However, Chien said the long-term outlook for the market remains positive, supported by continued AI industry growth and improving corporate earnings prospects. With companies releasing July revenue figures and first-half financial results, stocks with solid fundamentals may continue to attract investor interest, he said.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
