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September 23 Financial Briefing: Taiwan Stocks Hit Record Highs and Export Orders Surge
Electronic Technology · Semiconductors · economic_daily · 2026-09-22
Catch up on today's top five financial stories, including Taiwan's record-breaking stock market, historic export order growth, and the AI-driven rally led by Meta's Muse.
What Happened
Taiwan Stocks Reach Record Highs: The Taiwan stock market hit a historic intraday high of 48,601 points before closing at 47,800 points amid profit-taking. Market analysts remain optimistic, suggesting that the bullish trend could extend into early October supported by earnings reports and returning capital.
Export Orders Hit Historic Milestone: Driven by robust AI supply chain demand, Taiwan's export orders exceeded $100 billion for the first time in August, marking 19 consecutive months of growth. The Ministry of Economic Affairs expects annual orders to potentially reach a record $1.1 trillion.
Geopolitical Developments: Ahead of the upcoming U.S.-China summit, the foreign ministers of the U.S., Japan, and South Korea issued a joint statement reaffirming their commitment to peace and stability in the Taiwan Strait. The Taiwanese government expressed its appreciation for this international support.
AI Tech Sector Momentum: Meta's new AI assistant, Muse, has sparked significant investor interest, boosting Meta's stock and benefiting the broader AI supply chain. Taiwanese tech giants including TSMC, Foxconn, and Quanta are expected to capitalize on the growing demand for AI-integrated applications.