Taiwan Stock Market Performance Today

The Taiwan stock market opened lower today, with selling pressure intensifying and expanding the decline. The weighted index ultimately fell 351.03 points (0.77%) to close at 45,511.49 points. Influenced by the significant drop in the US Philadelphia Semiconductor Index and market concerns about the performance of AI hardware, investor sentiment for buying at higher prices was subdued today. Trading volume shrank to NT$603.453 billion, the second-lowest this year. 💡 Market Analyst Perspectives: Analysts point out that the recent sharp fluctuations in the Taiwan stock market are mainly due to the continued effect of the correction in the US Philadelphia Semiconductor Index. Recent statements from AI giants have raised market doubts about whether AI hardware performance can explode as expected, and currently, "psychological factors are having a greater impact than fundamental realities." However, the revenue for Taiwan's semiconductor supply chain in July and August continues to hit new highs, indicating strong fundamentals. It is expected that once the impact of interest rate hikes and US stock market volatility subsides, the Taiwan stock market will gradually shake off short-term pressure and stabilize.