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The TAIEX, Taiwan’s benchmark stock index, rose 828 points, or 1.9%, to 45,561 in Monday morning trade, extending gains from the previous session, primarily supported by electronic technology and technology services stocks. The broader index hit a new record high, surpassing the 45,000 level for the first time as optimism over AI demand continued to lift sentiment. A rally on Wall Street on Friday also fueled sentiment, supported by technology stocks amid persistent enthusiasm surrounding AI-related investments. Electronic technology stocks climbed 2.0%, while technology services stocks rose 2.9%. TSMC, the world’s largest contract chipmaker, which accounts for more than 40% of the market’s total value, advanced 0.4%, while Delta Electronics also gained 0.4%. Meanwhile, Hon Hai Precision Industry and MediaTek surged 4.5% and 7.7%, respectively. On the data front, Taiwan’s manufacturing sector grew at the fastest pace since August 2021 in May 2026, supported by stronger demand.
