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Is the Taiwan Stock Market Facing a Crash? Analyst Says AI Demand Remains the Key Driver

Electronic Technology · Semiconductors · economic_daily · 2026-09-03

Despite recent market volatility, analyst Kuo Che-jung argues that the Taiwan stock market's long-term bullish trend remains intact, driven by robust AI demand and corporate efficiency gains.

What Happened

Market Volatility Assessment: Addressing recent late-session sell-offs in the Taiwan stock market, analyst Kuo Che-jung dismisses fears of a major crash, characterizing the movement as a healthy consolidation of chips rather than a structural downturn.

The AI Demand Thesis: The long-term trajectory of the market is fundamentally tied to the real-world demand for AI, with cloud giants significantly increasing capital expenditures to secure computing power that has become as essential as electricity.

Supply and Innovation: TSMC is experiencing an unprecedented wave of AI-related orders, with advanced process capacity remaining in short supply despite aggressive expansion, while AI continues to revolutionize software engineering and problem-solving capabilities.

Corporate Efficiency Gains: Companies like Uber are leveraging AI to optimize operations and reduce labor costs, reinvesting those savings into further AI development, which confirms that the commercial adoption of AI is accelerating and supporting the broader market outlook.

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