MediaTek Surges to New High, Taiwan Stock Market Rises 179 Points to 40885 Points, Setting New Record
Despite a downturn in US stock markets, Taiwan's stock index rose by 179 points to 40885, setting a new record, driven by MediaTek's AI chip performance. The AI sector is leading the market.
📋 Article Processing Timeline
- 📰 Published: May 5, 2026 at 10:16
- 🔍 Collected: May 5, 2026 at 10:31 (15 min after Published)
- 🤖 AI Analyzed: May 5, 2026 at 12:06 (1h 34m after Collected)
(Central News Agency reporter Zhang Jianzhong, Taipei, 5th) Major U.S. stock indices closed lower on the 4th, with the Dow Jones Industrial Average falling 557.37 points and the Nasdaq Composite Index falling 46.64 points. Taiwan's futures market also dropped 268 points overnight. However, the Taiwan stock market rallied today, with the TAIEX rising 179.91 points in early trading to reach 40885.05 points, setting a new historical high.
Taiwan Semiconductor Manufacturing Company (TSMC) American Depositary Receipts (ADRs) rose by 0.99%. However, TSMC's stock price today fell instead of rising, dropping to NT$2250 in early trading, a decrease of NT$25, with its market value falling to NT$58.34 trillion, impacting the broader market by approximately 198 points.
MediaTek's stock price continued its strong performance, driven by ongoing positive news regarding its artificial intelligence (AI) application-specific integrated circuits (ASIC). It opened with a limit up to NT$3155, setting another new historical high. Other blue-chip stocks showed mixed performance, with Hon Hai (Foxconn) and ASE Technology Holding rising, while Delta Electronics fell. The electronics sector index rose by approximately 0.56%. (Edited by Chang Liang-Chih) 1150505
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Taiwan Semiconductor Manufacturing Company (TSMC) American Depositary Receipts (ADRs) rose by 0.99%. However, TSMC's stock price today fell instead of rising, dropping to NT$2250 in early trading, a decrease of NT$25, with its market value falling to NT$58.34 trillion, impacting the broader market by approximately 198 points.
MediaTek's stock price continued its strong performance, driven by ongoing positive news regarding its artificial intelligence (AI) application-specific integrated circuits (ASIC). It opened with a limit up to NT$3155, setting another new historical high. Other blue-chip stocks showed mixed performance, with Hon Hai (Foxconn) and ASE Technology Holding rising, while Delta Electronics fell. The electronics sector index rose by approximately 0.56%. (Edited by Chang Liang-Chih) 1150505
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
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Text, images, and audio/video on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.