TAIPEI (TVBS News) — Taiwan's stock market soared to record heights Thursday (July 31), powered by breakthrough performances from Taiwan Semiconductor Manufacturing Company Ltd. (TSMC, 台積電) and Delta Electronics (台達電). The benchmark index surged 80.8 points to close at a historic high of 22,542.52. TSMC reached an intraday peak of NT$1,165 (around US$38.9), closing at a record NT$1,160 (around US$38.7) and contributing approximately 40 points to the market rally with a massive market value of NT$30.08 trillion (around US$1 trillion).
Delta Electronics posted record second-quarter earnings per share of NT$5.37 (around US$0.18), propelling its stock to a new high of NT$567 (around US$18.9), an increase of NT$37 (around US$1.2). Hon Hai Technology Group (Foxconn, 鴻海) and TECO Electric & Machinery Co., Ltd. (東元) formed a strategic alliance through a stock exchange to expand their presence in the booming global AI data center market.
TECO's stock hit the daily limit-up at NT$51 (around US$1.7), while Foxconn surged NT$6.5 (around US$0.22) to NT$178 (around US$5.9), marking a new high. The electronics index climbed 0.79%, reflecting the sector's remarkable strength in Taiwan's technology-driven market. The strategic partnership between these major manufacturers signals growing confidence in artificial intelligence infrastructure investments. ◼ (At time of reporting, US$1 equals approximately NT$29.928)
