News / Taiwan / cnyes
Taiwan Stocks Plunge Over 900 Points as Memory Chip Stocks Lead Sell-off
Electronic Technology · Semiconductors · cnyes · 2026-09-11
3006, 3259, 5351, 8299
The Taiwan Stock Exchange Weighted Index fell by 937.65 points, or 2%, during morning trading, with memory manufacturing and controller IC stocks leading the decline.
What Happened
Market Performance: As of 9:47 AM Taipei time on the 11th, the Taiwan Stock Exchange Weighted Index experienced a sharp decline, dropping 937.65 points, or 2%, to trade at 46,002.84.
Sector Weakness: Selling pressure was concentrated in the memory sector, with memory manufacturing stocks leading the market lower with a 3.61% decline.
Individual Stocks: Key players in the memory and controller IC space faced significant losses, including Esmt (3006-TW) down 7.85%, Phison (8299-TW) down 6.3%, and Etron (5351-TW) down 4.76%.
Market Outlook: The broad-based weakness in semiconductor-related stocks has dampened investor sentiment, prompting a flight to safety as the market navigates this sharp intraday correction.