TAIPEI (Taiwan News) — Taiwan’s stock market approached a record intraday high on Tuesday before late-session selling trimmed gains, leaving the benchmark to close slightly higher on strength in TSMC, MediaTek, and small- to mid-cap shares.
The Taiwan Capitalization Weighted Stock Index (TAIEX) rose 22.86 points to end at 24,158.36, the second-highest closing level on record. Turnover totaled NT$420 billion (US$14 billion), according to CNA and CTEE.
TSMC closed unchanged at NT$1,180. MediaTek rose 0.37% to NT$1,360, while Foxconn fell 0.51% to NT$197.
Printed circuit board (PCB) makers recorded notable activity, with Fulltech Fiber Glass and Taiwan Glass hitting the daily price limit and leading trading volumes at 294 million and 270 million shares, respectively. PCBs, which are used in most electronic devices, contain copper wiring that connects components and serves as the base for most electronic circuits.
Memory chipmakers advanced after Micron Technology raised its earnings outlook. Nanya Technology rose 8.33%, and Winbond Electronics gained 6.03%.
In the financial sector, Taishin Financial Holding and Shin Kong Financial Holding, which recently completed a merger, released their first combined earnings report. The group posted a net profit after tax of NT$3.6 billion in July and NT$13.8 billion for the first seven months of 2025, with earnings per share of NT$0.92.
TS Financial Holding climbed 1.92% to NT$15.95 on a trading volume of 193 million shares, the third-highest among all listed companies.
Taishin 2000 High Technology Equity Fund Manager Shen Chien-hung (沈建宏) said the market has largely priced in the impact of US semiconductor tariffs, with exemptions helping reduce uncertainty. He added that investors are now watching the final US tariff rates, the US Federal Reserve’s interest rate policy, and second-quarter results and third-quarter guidance from Taiwanese and US firms.
According to Shen, the medium- to long-term outlook for the artificial intelligence industry remains positive, with more companies expected to benefit and many stocks still valued at relatively low levels. He noted that stable margin financing reflects steady investor positioning, and fundamentals are likely to remain firm from the fourth quarter of 2025 through the first quarter of 2026.
This information is not intended as personalized financial advice. Investors are encouraged to conduct their own research and analysis before making investment decisions.
