Taiwan Stocks Hit Record High as AI Momentum Persists
2026-04-28 03:29
By
Chusnul Chotimah
1 min. read
The TAIEX, Taiwan’s benchmark stock index, climbed 191 points, or 0.5%, to 39,807 in Tuesday morning trading, tracking gains in US futures ahead of the release of a slew of earnings reports from major tech companies.
The broader index hit a record high for the third straight session after briefly touching the 40,000 level for the first time just minutes after the market opened on Monday.
Optimism over the development of AI infrastructure and regulators’ plans to ease a long-standing cap that limited fund managers to allocating no more than 10% of assets to a single stock continued to lift sentiment.
Energy minerals, health technology, and commercial services sectors mainly drove the index higher.
Among the top performers were Macronix International, Kaimei Electronic, and Chieftek Precision, with shares surging about 10% each.
Meanwhile, contract chipmaker TSMC, which accounts for more than 40% of total market capitalization, fell 1.1% as traders took profits after Monday’s gains.