TAIPEI (TVBS News) — Taiwan stocks surged Tuesday (Sept. 23), with the TAIEX benchmark index crossing the significant 26,000-point threshold and setting a new closing high at 26,247.37 points. The index gained 366.77 points while trading volume reached NT$529.021 billion (around US$17.5 billion), reflecting robust market activity. The rally followed major technology industry developments that boosted semiconductor stocks across the island, driving broad-based gains in Taiwan's equity markets.
NVIDIA (輝達) announced a strategic partnership with OpenAI Tuesday, planning to deploy at least 10 gigawatts of NVIDIA systems for next-generation artificial intelligence infrastructure development. The collaboration includes a potential investment of up to US$100 billion (around NT$3.02 trillion) in OpenAI, representing one of the largest tech industry deals in recent history. The announcement triggered massive buying interest in Taiwan's semiconductor sector throughout the trading session, as investors anticipated increased demand for chip manufacturing.
Taiwan Semiconductor Manufacturing Company (台積電), the world's largest contract chipmaker, hit a record high closing at NT$1,340 (around US$44.35), up NT$45 with a 3.47% gain. The chip giant's market capitalization reached NT$34.74 trillion (around US$1.15 trillion), contributing approximately 361 points to the broader market rally. Other semiconductor suppliers surged alongside TSMC, with All Ring Tech (萬潤) and Scientech (辛耘) rising 2.58% and 3.6% respectively, while Taiwan Puritic Corp (和淞) jumped over 9% to surpass NT$500 (around US$16.55).
Foxconn (鴻海), Apple's main contract manufacturer, broke the NT$220 (around US$7.28) barrier, rising NT$5 to close at NT$221 (around US$7.31) amid strong technology sector momentum. MediaTek (聯發科), Taiwan's largest chip designer, dropped NT$30 to close at NT$1,375 (around US$45.51), while server maker Quanta (廣達) gained NT$5.5 to NT$286.5 (around US$9.48). Grade Upon Technology Corp. (竹陞科) and Gallant Micro. Machining (均華) both hit daily trading limits, reaching new highs at NT$859 (around US$28.43) and NT$812 (around US$26.87) respectively.
