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Taiex Hits Record High as AI Rally Lifts Tech Stocks

By Drooid · · How we work

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Story summary
  • Taiwan's benchmark Taiex index hit a record intraday high of 48,601.53 on Tuesday.
  • The surge followed an AI-driven rally on Wall Street and optimism about Meta’s AI agent.
  • MediaTek and Delta Electronics together rose, with MediaTek up 7.88% and Delta up 2.67%.
  • TSMC shares fell 0.4% at close after earlier rising on fab acquisition talks.
  • HSBC data showed Taiwan overtook Canada to become the world’s sixth-largest stock market in May.