Taiwan stocks opened on the 29th down 80.05 points at 46955.53, down 0.17%, with TSMC down 5 to 2420, while the OTC index rose against the trend by 0.63% to 397.08, with memory stocks up 1.63% leading the market.
Taiwan Stocks
The Fed held rates at 3.75% to 4% as expected, the four major U.S. indexes closed higher with the Philadelphia Semiconductor Index up over 1%, TAIFEX night session fell 100 points, Taiwan stocks opened lower down over 100 points with the OTC turning positive to support the market as heavyweights opened lower under pressure.
Taipei stocks surged 939.35 points on the 28th to close at 47035.58 points, reclaiming the 47000 mark, with trading volume rising to 7221.35億元, as the market watches support at the quarterly moving average and subsequent trend changes.
The four major US indexes closed higher. Taiwan stocks surged 939 points the previous day to close at 47035 points, reclaiming the quarterly moving average, while trading volume shrank to 7221億元. UMC added 1000億元 in capital expenditure and TSMC is reported to be buying fabs to expand advanced packaging. Pre-market focus today is on the chip supply chain and fundamental developments.
The Federal Reserve held rates at 3.75% to 4.00%, the Philadelphia Semiconductor Index rose 1.76%, Alphabet's cloud revenue doubled but capital spending raised concerns, Taiwan stocks recovered to 47,035 points, with focus ahead on AI profitability and fund flows.
On 29日 Taiex heavyweights fell together, the weighted index opened down 20.17點 and broke below 47000點 to lose the 10-day line, Nanya Technology briefly surged to 497.5元 with standout resilience, while memory Q4 prices seen rising 30% supported the group.
Flexium on 28日 was reported by 4 brokerages for settlement default totaling 3308萬8081元, the 27th listed/OTC case this year. The stock was previously named by NVIDIA in the PTFE supply chain with 4 consecutive limit-ups, but later pulled back in volatile trading, and on 28日 rebounded with the market to close at 82.2元.
Taiwan stocks rebounded on the 28th, with foreign investors focusing on thousand-dollar stocks. GF Securities initiated coverage on Unimicron at 1820元, a new high, while Morgan Stanley upgraded Lotes to Overweight with a target price of 2350元.
Delta Electronics recently fell below all moving averages and once dipped to 1490元, with a shareholder posting on Dcard to express unease. The post sparked discussion about being trapped and stop-losses, and the market is focused on the 10月29日 earnings call and financial report to confirm the future trend.
The Fed held rates steady at 3.75% to 4%, U.S. stocks rose for a third straight day with the Philadelphia Semiconductor Index surging 1.75%. Taiwan stocks surged 939 points yesterday to close at 47035, with institutional investors net buying 324亿元, but night-session futures fell 128 points and margin financing rose 8.9亿元, making holding 47000 today the key.
Local institutions' Q4 17-stock portfolio covers semiconductors, thermal solutions, PCB, networking and biotech, with TSMC target price 3300 yuan and Global Unichip up to 10000 yuan, AI infrastructure chain remains the core, investors should carefully assess risks.
Taiwan stocks surged 939.35 points on the 28th to close at 47035.58 points, as foreign investors bought back 68585 lots of AUO, lifting its shares 6.28% to close at NT$35.55; the OTC index rose 4.06% to close at 394.61 points, with combined listed and OTC turnover reaching 8874.92 hundred million yuan, with panels and semiconductors as the focus of the buyback.
EVA Air's load factor for the first three quarters was 81.5% and China Airlines' was 83.0%. IATA expects long-term annual passenger growth of 3.5% to 4.5%. Cargo defied the off-season slump on AI and e-commerce demand. EIA expects oil prices to retreat in 2027, and institutional investors favor buying China Airlines on dips.
POYA Q3 Net Profit 10.16億元, Up 25.7% YoY, Breaking 10億元 for the First Time to Hit Record High, First Three Quarters Earn 28.73億元, Up 31.4% YoY. Institutional Investors Optimistic on Medical Beauty Festival and Remodeling Benefits, Estimate 2027 EPS 4.3元, Target Price 86元 Maintains Buy.
The TAIEX surged 939.35 points to close at 47035.58 on the 28th, reclaiming 47000 and the quarterly moving average. Du Jinlong sees support at 46000, has raised his equity position to 70%, naming three stocks including TSMC, and expects the year-end rally to continue.
Local institutional investors are optimistic AI investment will continue, forecasting global CSP capital expenditure will reach 1.43 trillion U.S. dollars in 2027, and GPU and AI ASIC production value will reach 1.112 trillion U.S. dollars in 2028, up 49.4% year-on-year, benefiting Taiwan manufacturers.
Tesla CEO Elon Musk is bullish on robot mass production driving memory demand, putting Taiwan memory stocks in the spotlight. Analysts suggest buying semiconductor ETFs in batches as TSMC stabilizes at its six-month moving average, seizing AI expansion and industry rebound opportunities, with promising growth potential ahead.
Taiwan stocks challenge the 50,000-point level, with actively managed fund assets more than doubling year-on-year. The October 22 Chailease Fund Platform forum focused on the AI supercycle, with managers bullish on earnings and fundamentals and urging disciplined installment investing to overcome fear of heights.
A state-owned investment advisory notes AI server pull-in and HBM crowding out conventional DRAM capacity, with the shortage lasting into 2027, naming Nanya Technology, Winbond, Phison, and Innodisk with Buy ratings and a top target price of 3000 yuan.
According to the Securities Investment Trust and Consulting Association, ETF regular investment accounts reached 352.8萬 as of August. 009816 entered the top ten 2 months after listing and exceeded 10萬 accounts in September. Passive Taiwan equity ETFs lead with 82.5%, and scale continues to grow.