TAIPEI (TVBS News) — Taiwan's stock market soared to record heights Tuesday (Sept. 9) as technology giants led a broad rally ahead of a major semiconductor exhibition. The Taiwan Stock Exchange weighted index closed at an all-time high of 24,855.18 points, surging 307.8 points or 1.25% on robust trading volume worth NT$492.77 billion (around US$16.3 billion). The milestone reflects growing investor confidence in Taiwan's pivotal role in global technology supply chains.
Taiwan's market surge mirrored robust U.S. performance, where the Nasdaq index reached fresh peaks while Taiwan Semiconductor Manufacturing Company (台積電) saw its American Depositary Receipts climb 1.55%. TSMC's domestic shares matched this momentum, closing at NT$1,200 (around US$39.60), equaling the chipmaker's historic high with a NT$20 (around US$0.66) gain representing 1.69% growth. The parallel performance underscored strong cross-Pacific investor sentiment toward semiconductor leaders.
Technology heavyweights across sectors joined the broad rally, showcasing Taiwan's diverse tech ecosystem. Hon Hai Precision Industry (鴻海), the world's largest electronics manufacturer, gained NT$4 (around US$0.13) or 1.97% to NT$207.5 (around US$6.85). MediaTek (聯發科) surged NT$80 (around US$2.64) or 5.59% to NT$1,510 (around US$49.83), while Quanta Computer (廣達) rose NT$2.5 (around US$0.08) to NT$262.5 (around US$8.66).
NVIDIA's (輝達) "Power Revolution" initiative targeting enhanced output voltage for AI server chips sparked a rally among Taiwanese power supply manufacturers. LITEON (光寶科) peaked at NT$144.5 (around US$4.77) during trading before closing at NT$140.5 (around US$4.64), gaining 4.85%. Delta Electronics (台達電) hit Taiwan's daily limit-up price of NT$798 (around US$26.34) before settling at NT$784 (around US$25.87), representing a substantial 7.99% increase.