Eyes on Major Tech Earnings: Analysts Observe if Taiwan Stock Market Holds 37,000 Point Mark
Despite lingering uncertainties in the Middle East, the Taiwan stock market's short-term focus has shifted to the upcoming earnings reports of major technology companies. Investors are keenly watching if the Taiwan Weighted Index can maintain the 37,000-point level, particularly with strong bullish trends in AI-related stocks.
📋 Article Processing Timeline
- 📰 Published: April 21, 2026 at 09:16
- 🔍 Collected: April 21, 2026 at 09:31 (14 min after Published)
- 🤖 AI Analyzed: April 21, 2026 at 10:57 (1h 25m after Collected)
Central News Agency
(Central News Agency reporter Tseng Jen-kai, Taipei, 21st) The Taiwan stock market continued to hit new highs during Monday's trading, but TSMC encountered selling pressure at the close, ending at 36958.80 points, falling below the 37000-point mark. Analysts observe that while US-Iran negotiations are full of variables, negative factors seem to be gradually鈍化 (attenuating), and investors' focus will now return to the earnings reports of major technology companies. The short-term observation point is whether the Taiwan stock market can firmly hold 37000 points.
The recent volatile situation in the Middle East has led investors to question the prospects of peace talks between the US and Iran before the temporary ceasefire expires. On the 20th, most major Wall Street indices closed lower, but the declines were not significant. The Dow Jones Industrial Average slightly dropped 4.87 points or 0.01%, closing at 49442.56 points, while the S&P 500 Index fell 16.92 points or 0.24%, closing at 7109.14 points.
The Nasdaq Index decreased by 64.09 points or 0.26%, closing at 24404.39 points, while the Philadelphia Semiconductor Index rose 43.33 points or 0.45%, closing at 9599.21 points.
In terms of individual stocks, NVIDIA rose by 0.38 US dollars or 0.19%, closing at 202.06 US dollars. DRAM manufacturer Micron fell by 6.65 US dollars or 1.46%, closing at 448.42 US dollars; TSMC's ADR also fell by 4.26 US dollars or 1.15%, closing at 366.24 US dollars.
Yang Li-kai, fund manager at E.SUN Securities Investment Trust, analyzed that although international geopolitical risks continue to bring variables to the market, the leading wafer foundry's investor conference last week once again provided the market with strong confidence in the AI trend, and also injected revenue momentum into advanced process-related supply chains. Even if there is short-term profit-taking pressure, the medium-to-long-term growth trend remains unchanged.
Yang Li-kai believes that this week will mark the 'super earnings week' for major US tech companies, with Texas Instruments, Tesla, Google, and Intel all scheduled to announce their financial data. Towards the end of the month, Meta, Microsoft, Qualcomm, and Apple will also release their earnings. If these tech giants can deliver better-than-expected earnings and outlooks, it will continue to bolster bullish sentiment for AI-related supply chains in Taiwan. (Edited by Chang Chun-mao) 1150421
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(Central News Agency reporter Tseng Jen-kai, Taipei, 21st) The Taiwan stock market continued to hit new highs during Monday's trading, but TSMC encountered selling pressure at the close, ending at 36958.80 points, falling below the 37000-point mark. Analysts observe that while US-Iran negotiations are full of variables, negative factors seem to be gradually鈍化 (attenuating), and investors' focus will now return to the earnings reports of major technology companies. The short-term observation point is whether the Taiwan stock market can firmly hold 37000 points.
The recent volatile situation in the Middle East has led investors to question the prospects of peace talks between the US and Iran before the temporary ceasefire expires. On the 20th, most major Wall Street indices closed lower, but the declines were not significant. The Dow Jones Industrial Average slightly dropped 4.87 points or 0.01%, closing at 49442.56 points, while the S&P 500 Index fell 16.92 points or 0.24%, closing at 7109.14 points.
The Nasdaq Index decreased by 64.09 points or 0.26%, closing at 24404.39 points, while the Philadelphia Semiconductor Index rose 43.33 points or 0.45%, closing at 9599.21 points.
In terms of individual stocks, NVIDIA rose by 0.38 US dollars or 0.19%, closing at 202.06 US dollars. DRAM manufacturer Micron fell by 6.65 US dollars or 1.46%, closing at 448.42 US dollars; TSMC's ADR also fell by 4.26 US dollars or 1.15%, closing at 366.24 US dollars.
Yang Li-kai, fund manager at E.SUN Securities Investment Trust, analyzed that although international geopolitical risks continue to bring variables to the market, the leading wafer foundry's investor conference last week once again provided the market with strong confidence in the AI trend, and also injected revenue momentum into advanced process-related supply chains. Even if there is short-term profit-taking pressure, the medium-to-long-term growth trend remains unchanged.
Yang Li-kai believes that this week will mark the 'super earnings week' for major US tech companies, with Texas Instruments, Tesla, Google, and Intel all scheduled to announce their financial data. Towards the end of the month, Meta, Microsoft, Qualcomm, and Apple will also release their earnings. If these tech giants can deliver better-than-expected earnings and outlooks, it will continue to bolster bullish sentiment for AI-related supply chains in Taiwan. (Edited by Chang Chun-mao) 1150421
Choose to stand with facts; your sponsorship protects press freedom.
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Text, images, and videos on this website may not be reproduced, broadcast, transmitted, or utilized without authorization.