TAIPEI (TVBS News) — The Taiwan Stock Exchange surged on Thursday (March 5), rebounding by 844.06 points to close at 33,672.94, with a trading value of NT$760.386 billion (approximately US$23.98 billion). This recovery followed a three-day, 2,585-point slump triggered by tensions in the Middle East.
Major stocks showed robust gains, with Taiwan Semiconductor Manufacturing Company (台積電, TSMC) rising NT$35 (approximately US$1) to close at NT$1,900 (approximately US$60). MediaTek (聯發科技) gained NT$55 (approximately US$2), closing at NT$1,775 (approximately US$56). Foxconn (鴻海) increased NT$7 (approximately US$0.22) to reach NT$224 (approximately US$7), while Delta Electronics (台達電) jumped NT$80 (approximately US$3), closing at NT$1,335 (approximately US$42).
The memory chip sector also saw a strong revival. Nanya Technology (南亞科) hit the daily limit at the opening and remained locked at NT$257.5 (approximately US$8.10) until the close. Macronix (旺宏) mirrored this performance, closing at NT$107.5 (approximately US$3.40). Further bolstering the tech rally, Winbond (華邦電) rose NT$8 (approximately US$0.25) to NT$112 (approximately US$4), ADATA (威剛) climbed NT$23 (approximately US$0.73) to NT$285 (approximately US$9), and Transcend (創見) increased NT$14.5 (approximately US$0.46) to NT$213.5 (approximately US$7).
In the U.S., markets steadied on Wednesday (March 4), with the Dow Jones Industrial Average ending a three-day losing streak. Investors anticipate a de-escalation in Iran-related conflicts, coupled with U.S. President Donald Trump's commitment to stabilizing the oil market, which has eased investor anxiety. TSMC's American Depositary Receipts (ADR) rose 1.22%, closing at US$357.44 (approximately NT$11,339) .