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Taipei shares jumped 780 points in the first three minutes of trading on 28 October, while TSMC rose NT$25 to NT$2,425, according to BigGo Finance. The report links the move to a stronger session for US semiconductor stocks the previous day.
Why it mattersThe Philadelphia Semiconductor Index climbed 3.6% on Tuesday, and TSMC’s US-listed shares rose 2.95%, the report says. It’s a brisk snapshot of renewed enthusiasm for AI-linked chips, not proof that the whole market is sharing in the rally.
Discuss: Does this rally look like durable confidence in AI-chip demand, or a short-term burst led by heavyweight stocks?
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