TAIPEI (TVBS News) — On Nov. 5, fears of a potential bubble in the artificial intelligence sector caused significant declines in both U.S. and Asian stock markets on Wednesday (Nov. 5). Taiwan's stock exchange opened lower and experienced volatility, with the index plummeting by as much as 743 points. The market managed to recover some losses by the end of the trading session, closing down 399.5 points at 27,717.06 points and maintaining above the monthly moving average of 27,653 points.
Foxconn (鴻海) and MediaTek (聯發科) turned positive during the day, helping to narrow the index's decline. Both ended the day with gains of over 1%, highlighting their resilience amid market turbulence. In contrast, Taiwan Semiconductor Manufacturing Company (TSMC, 台積電) saw its shares fall by NT$ 45 , closing at NT$ 1,460, a decrease of 2.99%.
Yageo (國巨) and Delta Electronics (台達電) closed in negative territory, although their losses were significantly reduced. Meanwhile, AI-related stocks such as Asia Vital Components (奇鋐) and Quanta Computer (廣達) ended the day in the green, reflecting investor confidence in select tech sectors.
Memory and airline stocks defied the broader market trend, posting gains, while robotics and defense stocks showed relative strength against the downturn. Within the tourism sector, Château Hotels & Resorts (夏都) hit the daily limit up, and both Farglory Group (遠雄來) and My Humble House Group (寒舍) closed higher.