Corporations: US Tech Stock Earnings Shine, Taiwan Stocks May Challenge 40,000 Points Again in May
Amid strong earnings reports from major US technology companies, the S&P 500 and Nasdaq indices hit new historical highs. This development suggests that the Taiwan stock market may once again challenge the 40,000-point mark in May, with expectations of capital returning after the Labor Day holiday.
📋 Article Processing Timeline
- 📰 Published: May 3, 2026 at 13:57
- 🔍 Collected: May 3, 2026 at 14:31 (34 min after Published)
- 🤖 AI Analyzed: May 3, 2026 at 14:35 (3 min after Collected)
Central News Agency
(Taipei, May 3rd, Central News Agency reporter Zhong Rongfeng) The S&P 500 and Nasdaq technology stock indices in the US set new historical highs on the 1st, and TSMC's American Depositary Receipts (ADR) remained stable during the Labor Day holiday. Looking ahead to the first week of May for the Taiwan stock market, major US technology stocks performed better than expected last week. Coupled with anticipated capital inflow after the holiday, the Taiwan stock market may open higher and surge on the 4th, with a chance to continue challenging the 40,000-point mark this week.
The US S&P 500 index, Nasdaq index, and Philadelphia Semiconductor index reached new historical highs on the 1st. The S&P 500 index rose 21.11 points or 0.29%, closing at 7230.12 points; the Nasdaq index rose 222.14 points or 0.89%, closing at 25114.45 points; and the Philadelphia Semiconductor index rose 91.639 points or 0.87%, closing at 10595.340 points. The Dow Jones Industrial Average closed down 152.87 points or 0.31%, at 49499.27 points.
According to statistics, during Taiwan's Labor Day holiday, the US Dow Jones Industrial Average cumulatively rose 1.3% over two trading days, the S&P 500 index rose 1.32%, the Nasdaq index rose nearly 1.8%, and the Philadelphia Semiconductor index rose over 3.1%.
Among them, NVIDIA cumulatively fell more than 5% over two days, while TSMC's American Depositary Receipts (ADR) cumulatively rose nearly 1%. Intel cumulatively surged more than 20% last week.
Before the holiday, the Taiwan Stock Index Futures Night Session closed at 40103 points, up 761 points; TSMC Futures Night Session closed at 2200 points, up 40 points. In terms of net positions for Taiwan Stock Index Futures, the three major institutional investors reduced their net short positions by 2930 contracts to 3266 contracts on April 30th. Among them, foreign investors reduced their net short positions by 3030 contracts to 44044 contracts.
On April 30th, the Taiwan Weighted Index closed down 376.87 points, at 38926.63 points, affected by pressure on TSMC's stock at the close. Foreign investors sold over NT$53.5 billion that day, with Nanya Tech being the most sold, and 21,000 shares of TSMC sold.
Investor conferences for listed and OTC-listed companies in Taiwan will continue this week. According to the Market Observation Post System, companies including Winbond, Advantech, Kawho, DingYing Holdings, Novatek, Chunghwa Telecom, Far EasTone, Hiwin, Qisda, Vanguard International Semiconductor, Win Semiconductors, GlobalWafers, AData Technology, Phison, and MediaTek will hold investor conferences to release their latest views on the industry outlook. In addition, US AI chip giant AMD will also release its earnings report this week, and the market is highly focused on AMD's outlook for the AI industry.
Analysts note that last week, major US tech companies including Apple, Amazon, and Google's parent company Alphabet, reported better-than-expected earnings, driving US tech indices to new highs. The Taiwan stock market may open higher and surge on the 4th; in the short term, attention must continue to be paid to TSMC's stock price movements, whether capital returns after the holiday, and foreign investors' positions in futures and spot markets. The situation in the Middle East remains an important factor affecting oil prices, and the impact of high oil prices on confidence in the economic outlook should be noted. (Edited by Zhang Liangzhi) 1150503
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(Taipei, May 3rd, Central News Agency reporter Zhong Rongfeng) The S&P 500 and Nasdaq technology stock indices in the US set new historical highs on the 1st, and TSMC's American Depositary Receipts (ADR) remained stable during the Labor Day holiday. Looking ahead to the first week of May for the Taiwan stock market, major US technology stocks performed better than expected last week. Coupled with anticipated capital inflow after the holiday, the Taiwan stock market may open higher and surge on the 4th, with a chance to continue challenging the 40,000-point mark this week.
The US S&P 500 index, Nasdaq index, and Philadelphia Semiconductor index reached new historical highs on the 1st. The S&P 500 index rose 21.11 points or 0.29%, closing at 7230.12 points; the Nasdaq index rose 222.14 points or 0.89%, closing at 25114.45 points; and the Philadelphia Semiconductor index rose 91.639 points or 0.87%, closing at 10595.340 points. The Dow Jones Industrial Average closed down 152.87 points or 0.31%, at 49499.27 points.
According to statistics, during Taiwan's Labor Day holiday, the US Dow Jones Industrial Average cumulatively rose 1.3% over two trading days, the S&P 500 index rose 1.32%, the Nasdaq index rose nearly 1.8%, and the Philadelphia Semiconductor index rose over 3.1%.
Among them, NVIDIA cumulatively fell more than 5% over two days, while TSMC's American Depositary Receipts (ADR) cumulatively rose nearly 1%. Intel cumulatively surged more than 20% last week.
Before the holiday, the Taiwan Stock Index Futures Night Session closed at 40103 points, up 761 points; TSMC Futures Night Session closed at 2200 points, up 40 points. In terms of net positions for Taiwan Stock Index Futures, the three major institutional investors reduced their net short positions by 2930 contracts to 3266 contracts on April 30th. Among them, foreign investors reduced their net short positions by 3030 contracts to 44044 contracts.
On April 30th, the Taiwan Weighted Index closed down 376.87 points, at 38926.63 points, affected by pressure on TSMC's stock at the close. Foreign investors sold over NT$53.5 billion that day, with Nanya Tech being the most sold, and 21,000 shares of TSMC sold.
Investor conferences for listed and OTC-listed companies in Taiwan will continue this week. According to the Market Observation Post System, companies including Winbond, Advantech, Kawho, DingYing Holdings, Novatek, Chunghwa Telecom, Far EasTone, Hiwin, Qisda, Vanguard International Semiconductor, Win Semiconductors, GlobalWafers, AData Technology, Phison, and MediaTek will hold investor conferences to release their latest views on the industry outlook. In addition, US AI chip giant AMD will also release its earnings report this week, and the market is highly focused on AMD's outlook for the AI industry.
Analysts note that last week, major US tech companies including Apple, Amazon, and Google's parent company Alphabet, reported better-than-expected earnings, driving US tech indices to new highs. The Taiwan stock market may open higher and surge on the 4th; in the short term, attention must continue to be paid to TSMC's stock price movements, whether capital returns after the holiday, and foreign investors' positions in futures and spot markets. The situation in the Middle East remains an important factor affecting oil prices, and the impact of high oil prices on confidence in the economic outlook should be noted. (Edited by Zhang Liangzhi) 1150503
Stand with facts, every sponsorship you make is a power to protect press freedom.
Download the Central News Agency's 'First-hand News' APP to instantly grasp the latest information.
The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.