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September 5 Financial Briefing: US Jobs Data, ASPEED Outlook, and CSC Price Hikes
Electronic Technology · Semiconductors · economic_daily · 2026-09-04
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Key financial highlights for September 5: Strong US labor data sparks rate hike fears, ETF rebalancing, ASPEED's bullish outlook, and CSC's steel price increases.
What Happened
US Labor Market: US non-farm payrolls surged by over 160,000 in August, significantly exceeding Wall Street expectations and fueling concerns over potential interest rate hikes due to a robust labor market.
ETF Rebalancing: Major Taiwan 50 index-tracking ETFs, including Yuanta Taiwan 50 and Fubon Taiwan 50, have announced quarterly component adjustments, with PharmaEssentia now included in the index.
Tech Sector Outlook: ASPEED Technology chairman Lin Hung-ming reported strong demand for AI servers, noting that the company's 2027 backlog for BMC chips has already surpassed its total revenue for the current year.
Steel and Trade: China Steel Corporation (CSC) has raised its October prices by NT$500-600 per ton to offset rising metallurgical coal costs, while the US trade deficit with Taiwan hit a record high of $20.7 billion in July.
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