{"id":73729,"date":"2026-10-28T01:38:13","date_gmt":"2026-10-28T05:38:13","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/taiwans-taiex-rebounds-over-1-5-amid-global-ai-rally\/73729\/"},"modified":"2026-10-28T01:38:13","modified_gmt":"2026-10-28T05:38:13","slug":"taiwans-taiex-rebounds-over-1-5-amid-global-ai-rally","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/taiwans-taiex-rebounds-over-1-5-amid-global-ai-rally\/73729\/","title":{"rendered":"Taiwan\u2019s TAIEX Rebounds Over 1.5% Amid Global AI Rally"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>The TAIEX surged over 1.5% on Wednesday<\/strong>, recovering from recent volatility to approach the <strong>47,000-point threshold<\/strong> as global optimism for artificial intelligence (AI) returned.<\/li>\n<li><strong>Taiwan Semiconductor Manufacturing Co. (<a href=\"\/stock\/TSM\">TSM<\/a>)<\/strong> gained <strong>1.3%<\/strong>, fueled by strong demand for advanced semiconductor nodes and specialized packaging.<\/li>\n<li><strong>MediaTek (<a href=\"\/stock\/2454.TW\">2454.TW<\/a>)<\/strong> staged a massive recovery, jumping nearly <strong>6%<\/strong> to reclaim the <strong>NT$4,100<\/strong> level after a significant monthly correction.<\/li>\n<li><strong>Positive regional sentiment<\/strong> was bolstered by blockbuster earnings from South Korea\u2019s <strong>SK Hynix<\/strong>, which reported a sevenfold jump in profit, lifting the broader Asian technology sector.<\/li>\n<\/ul>\n<p>The Taiwan Stock Exchange Capitalization Weighted Index (<strong>TAIEX<\/strong>) climbed sharply on Wednesday, October 28, 2026, tracking a tech-led rally on Wall Street. The benchmark index rose as much as <strong>1.6%<\/strong> during the session, reaching an intraday peak of <strong>46,949.98<\/strong>. This rebound follows a period of intense volatility where the market fluctuated by over <strong>900 points<\/strong> in a single day earlier in the week.<\/p>\n<p><strong>Taiwan Semiconductor Manufacturing Co. (<a href=\"\/stock\/TSM\">TSM<\/a>)<\/strong>, the world\u2019s largest contract chipmaker, provided the primary lift for the index. Shares of the foundry giant rose <strong>1.3%<\/strong> to <strong>NT$2,430<\/strong> as investors reacted to news that the company is considering price hikes for its <strong>CoWoS<\/strong> advanced packaging technology. <em>Market analysts suggest that relentless demand for AI-driven high-performance computing (HPC) continues to outpace supply, supporting TSMC\u2019s premium valuation.<\/em><\/p>\n<p><strong>MediaTek (<a href=\"\/stock\/2454.TW\">2454.TW<\/a>)<\/strong> was among the top performers, surging <strong>5.93%<\/strong> to end at <strong>NT$4,195<\/strong>. The IC design leader had recently faced a <strong>27%<\/strong> decline over the past month, falling below the <strong>NT$4,000<\/strong> psychological support level. The recovery comes ahead of a highly anticipated investor conference scheduled for October 30, where the company is expected to detail its custom-chip prospects and AI integration strategies.<\/p>\n<p>The broader electronics and memory sectors also saw significant catch-up buying. <strong>Nanya Technology (<a href=\"\/stock\/2408.TW\">2408.TW<\/a>)<\/strong> gained <strong>6.52%<\/strong>, while <strong>Winbond Electronics (<a href=\"\/stock\/2344.TW\">2344.TW<\/a>)<\/strong> rose <strong>5.5%<\/strong>. Sentiment was further buoyed by comments from <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> CEO <strong>Jensen Huang<\/strong>, who indicated that memory supply is unlikely to meet global demand until at least 2029, reinforcing the long-term growth thesis for the semiconductor supply chain.<\/p>\n<p>Despite the daily gains, the market remains cautious as the <strong>U.S. Federal Reserve<\/strong> prepares to announce its latest monetary policy decision. Additionally, the <strong>Central Bank of the Republic of China (Taiwan)<\/strong> reported that foreign institutional investors have withdrawn approximately <strong>US$54.3 billion<\/strong> from the local market since July. <em>This persistent capital outflow has placed downward pressure on the New Taiwan Dollar, which has depreciated roughly 2% against the greenback in the same period.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The TAIEX surged over 1.5% on Wednesday, recovering from recent volatility to approach the 47,000-point threshold as global [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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