Reported about 1 year ago
Despite the volatile market ahead of the US election, the Taiwanese stock market, closely related to the US market, has seen leading semiconductor TSMC's stock price surpass the milestone of NT$1000, with the market index continuing to rise. The electronic industry is expected to benefit from the upcoming strong demand for iPhone due to the AI technology, potentially leading to the strongest replacement wave in recent years. However, concerns remain on various macroeconomic factors, such as the worsening liquidity indicators in the bond market and the unresolved issue of the unsustainable fiscal deficit in the US.
Source: YAHOO