Philly Semiconductor Index Surges, TSMC ADR Slightly Up; Investment Advisory: Taiwan Stocks Benefit from AI Essential Demand
The Philadelphia Semiconductor Index surged by 2.35%, and TSMC's ADR saw a slight increase. Investment advisors point out that despite stagflation risks from rising oil prices, strong AI demand is expected to continue bolstering the Taiwan stock market, potentially pushing it past 40,000 points.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 09:21
- 🔍 Collected: April 30, 2026 at 09:31 (9 min after Published)
- 🤖 AI Analyzed: May 1, 2026 at 10:12 (24h 41m after Collected)
Central News Agency
(Central News Agency reporter Chiang Ming-han, Taipei, 30th) Crude oil prices climbed, leading to volatility in U.S. stocks, but the Philadelphia Semiconductor Index surged by 2.35%, and TSMC's ADR rose by 0.38%. Investment advisory analysis indicates that ongoing U.S.-Iran negotiations, with no breakthrough in sight in the short term, and persistently high oil prices are increasing the risk of stagflation. However, the Taiwan stock market is expected to remain strong, benefiting from the essential demand driven by the AI arms race.
Investors digested rising crude oil prices, the U.S. Federal Reserve's interest rate decision, and the financial reports of several tech giants released after hours. Major U.S. stock indices showed mixed movements today, closing with gains and losses.
The Dow Jones Industrial Average fell by 280.12 points, or 0.57%; the S&P 500 Index fell by 2.85 points, or 0.04%; the Nasdaq Composite Index rose by 9.44 points, or 0.04%; and the Philadelphia Semiconductor Index rose by 235.72 points, or 2.35%.
NVIDIA's stock price fell by 1.79% to US$209.25, while TSMC's ADR (American Depositary Receipt) rose by 0.38% to US$393.83. Taiwan stock futures fell by 142 points in after-hours trading, a decrease of 0.36%, closing at 39337 points.
Taiwan stocks fell by 218.23 points on the 29th, closing at 39303.5 points, with a transaction value of NT$875.076 billion. The three major institutional investors collectively sold NT$47.513 billion, with proprietary traders selling NT$1.599 billion, investment trusts buying NT$2.233 billion, and foreign and mainland investors selling NT$48.147 billion.
International oil prices once surged to their highest level since June 2022, with Brent crude oil prices approaching the US$120 mark.
Investment advisory analysis points out that ongoing U.S.-Iran negotiations, with no short-term breakthrough, and persistently high oil prices are increasing the risk of stagflation, causing volatility in U.S. stocks. The Taiwan stock market benefits from the essential demand of the AI arms race among major tech companies, allowing the AI supply chain to remain unaffected by negative news such as high oil prices and rising inflation. The Taiwan stock market still has a chance to challenge the 40,000-point mark. (Editor: Chang Chun-mao) 1150430
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(Central News Agency reporter Chiang Ming-han, Taipei, 30th) Crude oil prices climbed, leading to volatility in U.S. stocks, but the Philadelphia Semiconductor Index surged by 2.35%, and TSMC's ADR rose by 0.38%. Investment advisory analysis indicates that ongoing U.S.-Iran negotiations, with no breakthrough in sight in the short term, and persistently high oil prices are increasing the risk of stagflation. However, the Taiwan stock market is expected to remain strong, benefiting from the essential demand driven by the AI arms race.
Investors digested rising crude oil prices, the U.S. Federal Reserve's interest rate decision, and the financial reports of several tech giants released after hours. Major U.S. stock indices showed mixed movements today, closing with gains and losses.
The Dow Jones Industrial Average fell by 280.12 points, or 0.57%; the S&P 500 Index fell by 2.85 points, or 0.04%; the Nasdaq Composite Index rose by 9.44 points, or 0.04%; and the Philadelphia Semiconductor Index rose by 235.72 points, or 2.35%.
NVIDIA's stock price fell by 1.79% to US$209.25, while TSMC's ADR (American Depositary Receipt) rose by 0.38% to US$393.83. Taiwan stock futures fell by 142 points in after-hours trading, a decrease of 0.36%, closing at 39337 points.
Taiwan stocks fell by 218.23 points on the 29th, closing at 39303.5 points, with a transaction value of NT$875.076 billion. The three major institutional investors collectively sold NT$47.513 billion, with proprietary traders selling NT$1.599 billion, investment trusts buying NT$2.233 billion, and foreign and mainland investors selling NT$48.147 billion.
International oil prices once surged to their highest level since June 2022, with Brent crude oil prices approaching the US$120 mark.
Investment advisory analysis points out that ongoing U.S.-Iran negotiations, with no short-term breakthrough, and persistently high oil prices are increasing the risk of stagflation, causing volatility in U.S. stocks. The Taiwan stock market benefits from the essential demand of the AI arms race among major tech companies, allowing the AI supply chain to remain unaffected by negative news such as high oil prices and rising inflation. The Taiwan stock market still has a chance to challenge the 40,000-point mark. (Editor: Chang Chun-mao) 1150430
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.