TAIPEI (TVBS News) — Taiwan's stock market surged 497.37 points Wednesday (Nov. 26), closing at 27,409.54 in a 1.85% rally. Trading volume reached NT$508.79 billion (around US$16.25 billion), the Taiwan Stock Exchange reported. The weighted index opened at 27,063.17 points and climbed steadily throughout the session, peaking at the closing bell.
The electrical and machinery sector led gains with a 2.06% increase among eight major categories. Taiwan Semiconductor Manufacturing Company (TSMC, 台積電), the world's largest contract chipmaker, gained NT$25 (around US$0.80), closing at NT$1,440 (around US$46) for a 1.77% rise. Foxconn (鴻海) and Delta Electronics (台達電) surged 3.65% and 3.85%, respectively.
MediaTek (聯發科), Taiwan's leading chip designer, hit the daily limit at NT$1,300 (around US$41.53), reflecting strong weighted stock performance. Google's Tensor Processing Unit (TPU) chips boosted semiconductor concept stocks, with Unimicron (欣興), Elite Material (台光電), and GCE (金像電) closing higher on supply chain optimism. Defense stocks surged on increased national defense budgets, with Thunder Tiger (雷虎) and Aerospace Industrial Development Corporation (漢翔) hitting daily limits.
High-priced stock ASPEED (信驊) climbed nearly 5% to NT$6,620 (around US$211.50). Wiwynn (緯穎), Alchip (世芯-KY), WinWay (穎崴), Fositek (富世達), Asia Vital Components (奇鋐), and Voltronic Power (旭隼) gained over 5%. Phison Electronics (群聯) dropped over 7% but held above NT$1,000 (around US$31.95), maintaining Taiwan's "24 Golden Stocks" status, while Accton Technology (智邦) rose 3.52% to NT$999 (around US$31.92).
