TAIPEI (TVBS News) — Taiwan's stock market soared to record highs Thursday (Oct. 2) as chipmaker TSMC (台積電) surged NT$40 (around US$1.32) to NT$1,365 (around US$44.91). The benchmark Taiwan Stock Exchange index climbed 395.48 points to close at 26,378.39, after reaching an intraday peak of 26,489.79 points. TSMC's rally drove the broader market's exceptional performance.
Trading volume reached a record NT$489.676 billion (around US$16.1 billion), underscoring strong market activity. Electronic stocks surged 2.14% while financial stocks declined 0.17%. The over-the-counter index, which tracks smaller companies, gained 0.56%, reflecting broad-based investor confidence across Taiwan's technology-heavy market.
Major technology companies posted significant gains, with Foxconn (鴻海) rising nearly 3% to NT$225 (around US$7.40). Delta Electronics (台達電) surged 2.64% to NT$894 (around US$29.42), while Largan Precision (大立光) also advanced. Artificial intelligence-related stocks led the rally, with server manufacturers Wistron (緯創), Quanta Computer (廣達), Compal Electronics (仁寶), and GIGA-BYTE Technology (技嘉) all gaining over 2%. ◼ (At time of reporting, US$1 equals approximately NT$30.39).
