TAIPEI (Taiwan News) — Taiwan’s stock market rose Wednesday, supported by strong interest in robotics and battery backup unit (BBU) concept stocks amid improving investor sentiment.
The Taiwan Capitalization Weighted Stock Index (TAIEX) gained 61.73 points to close at 22,492.34. Turnover totaled NT$388 billion (US$13 billion), according to CNA and CTEE.
TSMC rose 0.47% to NT$1,075. Foxconn added 0.62% to close at NT$163, while MediaTek edged down 0.39% to NT$1,290.
Robotics-related shares advanced after Nvidia CEO Jensen Huang (黃仁勳) reiterated his bullish stance on the sector during the company’s shareholder meeting. Chroma ATE, Nexcom International, Taiwan Takisawa Technology, and Turvo International all hit the daily price limit.
BBU concept stocks also moved higher, with Synergy ScienTech and STL Technology reaching their daily ceiling. Nvidia’s upcoming GB300 servers, expected to launch in the second half of the year, are expected to drive demand for BBUs, which maintain server operations during power outages.
In the memory sector, Winbond Electronics climbed 2.96% following upbeat earnings and guidance from US chipmaker Micron Technology. Winbond led the market in trading volume, with 215,000 lots, or 215 million shares, exchanged.
Fubon Research said recent gains in the TAIEX, a stronger Taiwan dollar, and easing geopolitical risks have helped stabilize the investment environment.
Analyst Tsai Ching-lung (蔡慶龍) noted that the AI robotics industry is entering a critical phase, shifting from development to mass production. As major semiconductor firms begin posting revenue from shipments, market attention is expected to shift toward mid- and downstream component suppliers.
Taiwan’s machinery sector is increasingly seen as vital to the AI robotics supply chain, supported by strong research and development, manufacturing readiness, and consistent customer demand.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
