News / Taiwan / economic_daily
Taiwan Stocks Surge 820 Points to Two-Month High Led by TSMC and MediaTek
Electronic Technology · Semiconductors · economic_daily · 2026-09-01
Taiwan's stock market hit a two-month high as TSMC and MediaTek led a broad rally, with MediaTek surging to the daily limit following a major investment from NVIDIA.
What Happened
Market Rally: The Taiwan stock market experienced a significant surge today, closing up 820.25 points at 46,948.72, marking its highest level since early July. Trading volume reached a substantial NT$1.08 trillion as investor sentiment turned overwhelmingly bullish.
Key Movers: TSMC shares rose by NT$35 to close at NT$2,440, adding approximately 277 points to the index. MediaTek hit the daily limit of NT$4,315 after NVIDIA announced a US$3.5 billion investment in the company's overseas convertible bonds, signaling a deepening strategic partnership.
Tech Sector Strength: The rally was broad-based within the technology sector, with major players like Delta Electronics, Hon Hai, and Aspeed contributing to a 2% gain in the electronics index. These high-value stocks acted as the primary engine for the day's market performance.
Broad Market Gains: Gains were not limited to technology, as traditional sectors including cement, textiles, and machinery saw indices rise by over 2%. The financial sector also participated in the rally, posting a 1.45% increase to support the overall market momentum.