Reported 8 months ago
On June 18th, the Taiwan stock market surged nearly 300 points to reach a new high of 22,787 points, with TSMC contributing over 230 points, accounting for 80% of the increase. Huang Guowei, Deputy General Manager of Mega International Investment Services, attributed the rise to TSMC's chip packaging price hikes, cautioning that without new positive factors, there may be pressure ahead. Other tech stocks like ASUS, ASE Technology, and Quanta also performed well, contributing to the market surge.
Source: YAHOO