Taiwan Stock Index Futures Night Session First Reaches 36000 Points; Institutions: Taiwan Stocks Expected to Challenge New High

TAIPEI (CNA) – Major US indices closed higher on April 13, and while Taiwan Semiconductor Manufacturing Company (TSMC) American Depositary Receipts (ADRs) saw a slight dip of 0.28%, Taiwan stock index futures in the night session rose by 567 points, breaking the 36000-point mark for the first time to reach 36027 points. Analysts believe the Taiwan stock market has an opportunity to challenge its historical high.

US President Trump claimed that Iran proactively contacted the US hoping to reach an agreement, which boosted major US indices on April 13. The Dow Jones Industrial Average rose by 301.68 points (0.63%), the S&P 500 index increased by 69.35 points (1.02%), the Nasdaq index climbed by 280.84 points (1.23%), and the Philadelphia Semiconductor Index gained 149.7 points (1.68%).

Regarding domestic and international industry news, the Taipei International Auto Parts & Accessories Show, Taiwan International Smart Mobility Show, and Taipei International Automotive Electronics Show will be held from April 14 to 17. These exhibitions will showcase areas including automotive parts and accessories supply chains, AI automotive electronics, hydrogen energy applications, and smart mobility technology, with participation from companies from 16 countries including the US, Germany, Japan, and South Korea.

DRAM manufacturer Nanya Technology reported a net profit after tax of NT$26.058 billion in the first quarter, with earnings per share of NT$8.41. Nanya Technology stated that it cannot meet customer demand this year, and a similar situation is expected next year, anticipating that DRAM manufacturers will maintain high gross margins for several quarters.

Memory controller IC design company Silicon Motion held a groundbreaking ceremony for its new Taipei corporate headquarters on April 13, expected to be operational in 2030. Regarding the memory market, Silicon Motion noted a structural shift in the memory market, predicting that the supply gap next year might be even larger than this year.

Panel manufacturer AU Optronics' board of directors approved a reorganization plan for its energy business, intending to spin off the energy business into Daya Energy Technology, a wholly-owned subsidiary. The effective date for the spin-off is anticipated to be August 1, 2026. This aims to enhance operational efficiency and market competitiveness by having a more professionally focused platform manage the energy business.

Rih-Sheng Construction completed the signing of a NT$3.394 billion syndicated loan agreement. The funds will be invested in the "Guanqian Urban Renewal Project," located at the intersection of Guanqian Road and Xinyang Street in Taipei City, with a base area of approximately 608 ping. Construction of a Class A office building is expected to commence in early 2028. (Editor: Chang Chun-mao) 1150414

Stand with facts, your every sponsorship is a force to protect press freedom.

Download CNA's "First-hand News" APP to stay updated with the latest news.

The text, images, and audio-visual content of this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.