News / Taiwan / economic_daily
October 23 Financial Briefing: TISA Tax Incentives, Market Volatility, and Micron's Outlook
Finance · Investment Managers · economic_daily · 2026-10-22
Key financial updates include Taiwan's new TISA tax incentives, market technical support levels, Micron's skepticism toward CXMT's DRAM technology, and Tesla's reduced capital expenditure.
What Happened
TISA Tax Incentives: The Executive Yuan has introduced the TISA 2.0 program, allowing taxpayers to deduct up to NT$24,000 annually for investments made into designated savings accounts. The FSC aims to finalize the legislation by 2027, with implementation expected for the 2028 tax filing season.
Market Technical Support: Following a sharp decline that pushed the index below its quarterly support level, analysts are highlighting three critical defense lines for the Taiwan stock market. Next Wednesday is viewed as a pivotal window for the market to establish a bottom and resume a bullish trend.
Micron's View on CXMT: Addressing the market concerns surrounding CXMT's adoption of the 4F² DRAM architecture, Micron's leadership dismissed the technology as overly complex and costly. They emphasized that the architecture lacks a viable path to mass production and faces significant physical limitations.
Consolidation and Tesla's Outlook: Four state-owned investment trust firms have finalized a merger agreement, with a target completion date of January 1, 2028, led by First Securities Investment Trust. Meanwhile, Tesla's decision to cut capital expenditures has raised concerns regarding its AI and robotics transition, potentially impacting its Taiwanese supply chain partners.