Reported 10 months ago
TAIEX plunged by 621 points in early trading, with the food and paper sectors showing stronger performance and financial stocks rebounding, closing with a drop of 371 points at 23,398 points; Taiwan Semiconductor stock closed at 1,005 yuan, down 2.43%. Before the investor meeting, Taiwan Semiconductor's stock price plummeted, falling below 1,000 yuan, leading to the TAIEX dropping more than 620 points. The market was impacted by ex-US President Trump's remarks on Taiwan and stricter US chip bans, causing significant declines in American tech giants and semiconductor stocks.
Source: YAHOO