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Inflation Fears Weigh on Taiwan Stocks; Semiconductor Sector Leads Decline Ahead of TSMC Earnings

Electronic Technology · Semiconductors · economic_daily · 2026-10-15

2330, 2454, 3711

Taiwan stocks tumbled over 1,000 points as higher US inflation data fueled rate hike concerns, with investors awaiting TSMC's outlook for Q4.

What Happened

Inflation Data Impact: The release of US September CPI data, which exceeded market expectations, has reignited concerns over potential Federal Reserve rate hikes. This has hit technology stocks particularly hard, with the Philadelphia Semiconductor Index recording six consecutive days of losses.

Market Correction: The Taiwan stock market experienced a sharp decline on the 15th, with the index falling over 1,000 points and dropping below the 48,000-point mark. Semiconductor stocks faced broad-based selling, impacting everything from IC design to wafer foundry and packaging services.

Tech Sector Weakness: Major semiconductor players including TSMC, MediaTek, and ASE Technology saw significant share price drops during the morning session. The market's risk-off sentiment has left few corners of the semiconductor supply chain untouched by the current correction.

Earnings Call Focus: Investors are now looking toward TSMC's Q3 earnings call for critical guidance. The company's commentary on Q4 operations, AI demand, and advanced manufacturing capacity will serve as a vital indicator for the future direction of the global semiconductor industry.

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