US Semiconductor Stocks Remain Strong, Analysts See Taiwan Stock Market Maintaining Strong Volatile Upward Trend
Driven by AI themes, US semiconductor stocks continue their strong performance, with the Philadelphia Semiconductor Index reaching a new high. Analysts predict that the highly correlated Taiwan stock market will also maintain a strong, volatile upward trend in the short term.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:22
- 🔍 Collected: May 12, 2026 at 09:31 (9 min after Published)
- 🤖 AI Analyzed: May 12, 2026 at 10:16 (44 min after Collected)
Central News Agency
(Central News Agency reporter Tseng Jen-kai, Taipei, 12th) AI themes continue to heat up, and US semiconductor stocks remain strong. On the 11th, the Philadelphia Semiconductor Index rose 305.54 points, continuing to hit a new high. Analysts believe that the Taiwan stock market has a high correlation with US stocks and is expected to remain strong in the short term, maintaining a volatile upward trend.
The US rejected Iran's conditions for ending the Middle East war, but capital expenditure for AI infrastructure continues to expand. Led by semiconductor stocks, the four major Wall Street indices all closed higher on Monday, with the S&P, Nasdaq, and Philadelphia Semiconductor indices all setting new closing highs.
On the 11th, the Dow Jones Industrial Average rose 95.31 points or 0.19% to close at 49704.47 points. The S&P 500 index rose 13.91 points or 0.19% to close at 7412.84 points. The technology-heavy Nasdaq index rose 27.05 points or 0.10% to close at 26274.13 points. The Philadelphia Semiconductor Index surged 305.54 points or 2.59% to close at 12081.04 points.
In terms of individual stocks, semiconductor stocks continued their hot performance. It is reported that Apple will transfer some chip orders to Intel for production, breaking TSMC's exclusive supply. On Monday, Intel's stock price rose 4.52 US dollars or 3.62% to close at 129.44 US dollars; TSMC ADR's stock price fell 7.14 US dollars or 1.73% to close at 404.54 US dollars.
Other chip stocks saw Qualcomm surge 18.44 US dollars or 8.42% to close at 237.53 US dollars; Micron rose 48.52 US dollars or 6.5% to close at 795.33 US dollars; NVIDIA rose 4.24 US dollars or 1.97% to close at 219.44 US dollars.
Wang Wei-che, fund manager at E.SUN FHC, analyzed that the current bull market in Taiwan stocks, which started in early April, remains strong, with the daily K-line rising along the 5-day moving average. The weighted index is currently showing both price and volume increases, indicating an unchanged bullish pattern. Although there are concerns about the excessive deviation of the index from the quarterly moving average, a positive outlook can be maintained until a long black K-line with heavy volume appears.
Wang Wei-che stated that Taiwan's export orders in March recorded 14 consecutive months of year-on-year growth, with a high annual growth rate of 65.9%. Among these, electronic products and information and communication, which cover AI, semiconductors, and electronic components, showed relatively outstanding year-on-year growth, with significant expansion in growth over the past three years. This reflects that AI infrastructure, cloud, and computing power investments are substantially transforming into Taiwan's global competitive advantage in the technology industry.
Wang Wei-che believes that the diminishing impact of the Middle East war, the boost to Taiwan stocks from AI fundamentals, and the push from capital flows, coupled with upcoming major tech events such as NVIDIA's earnings report and Google I/O developer conference in mid-May, and COMPUTEX in early June, will fuel market excitement. It is expected that the Taiwan stock market will maintain a strong volatile upward trend. (Editor: Yang Kai-hsiang) 1150512
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(Central News Agency reporter Tseng Jen-kai, Taipei, 12th) AI themes continue to heat up, and US semiconductor stocks remain strong. On the 11th, the Philadelphia Semiconductor Index rose 305.54 points, continuing to hit a new high. Analysts believe that the Taiwan stock market has a high correlation with US stocks and is expected to remain strong in the short term, maintaining a volatile upward trend.
The US rejected Iran's conditions for ending the Middle East war, but capital expenditure for AI infrastructure continues to expand. Led by semiconductor stocks, the four major Wall Street indices all closed higher on Monday, with the S&P, Nasdaq, and Philadelphia Semiconductor indices all setting new closing highs.
On the 11th, the Dow Jones Industrial Average rose 95.31 points or 0.19% to close at 49704.47 points. The S&P 500 index rose 13.91 points or 0.19% to close at 7412.84 points. The technology-heavy Nasdaq index rose 27.05 points or 0.10% to close at 26274.13 points. The Philadelphia Semiconductor Index surged 305.54 points or 2.59% to close at 12081.04 points.
In terms of individual stocks, semiconductor stocks continued their hot performance. It is reported that Apple will transfer some chip orders to Intel for production, breaking TSMC's exclusive supply. On Monday, Intel's stock price rose 4.52 US dollars or 3.62% to close at 129.44 US dollars; TSMC ADR's stock price fell 7.14 US dollars or 1.73% to close at 404.54 US dollars.
Other chip stocks saw Qualcomm surge 18.44 US dollars or 8.42% to close at 237.53 US dollars; Micron rose 48.52 US dollars or 6.5% to close at 795.33 US dollars; NVIDIA rose 4.24 US dollars or 1.97% to close at 219.44 US dollars.
Wang Wei-che, fund manager at E.SUN FHC, analyzed that the current bull market in Taiwan stocks, which started in early April, remains strong, with the daily K-line rising along the 5-day moving average. The weighted index is currently showing both price and volume increases, indicating an unchanged bullish pattern. Although there are concerns about the excessive deviation of the index from the quarterly moving average, a positive outlook can be maintained until a long black K-line with heavy volume appears.
Wang Wei-che stated that Taiwan's export orders in March recorded 14 consecutive months of year-on-year growth, with a high annual growth rate of 65.9%. Among these, electronic products and information and communication, which cover AI, semiconductors, and electronic components, showed relatively outstanding year-on-year growth, with significant expansion in growth over the past three years. This reflects that AI infrastructure, cloud, and computing power investments are substantially transforming into Taiwan's global competitive advantage in the technology industry.
Wang Wei-che believes that the diminishing impact of the Middle East war, the boost to Taiwan stocks from AI fundamentals, and the push from capital flows, coupled with upcoming major tech events such as NVIDIA's earnings report and Google I/O developer conference in mid-May, and COMPUTEX in early June, will fuel market excitement. It is expected that the Taiwan stock market will maintain a strong volatile upward trend. (Editor: Yang Kai-hsiang) 1150512
Choose to stand with facts, every sponsorship you make 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 videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.