U.S. Stocks Close Higher, Philadelphia Semiconductor Surges 3.6%
AI-themed buying continued to return, coupled with falling international oil prices lifting market sentiment, all four major U.S. stock indexes closed higher on Tuesday the 27th. The Nasdaq rose 308.43 points, up 1.18%, closing at 26477.81 points. The S&P 500 rose 45.83 points, up 0.60%, closing at 7722.60 points, marking a second straight day of gains. The Dow Jones Industrial Average, dragged down by a plunge in Boeing, edged up only 15.99 points to close at 52377.57 points. The Philadelphia Semiconductor Index was the strongest performer, surging 399.04 points, up 3.60%, to close at 11482.51 points, providing positive momentum for Taiwan electronic heavyweights.
Taiwan Stocks Close at 46096 Points, Margin Balances Fall 104.93 Billion
In the previous session, Taiwan加權指數 closed at 46096.23 points, up 54.8 points, or 0.12%, with turnover of 9765.5億元. The three major institutional investors posted a combined net purchase of 31.7億元, of which investment trusts bought heavily totaling 236億元, foreign investors sold a net 80.4億元, and dealers sold a net 124億元. Margin balances fell 104.93億元, indicating an exit of some short-term funds, which may help ease near-term chip pressure. With TAIEX futures night session surging 774 points and TSMC futures rising 42 yuan after hours, the market expects electronic heavyweights to lead a rebound and push the broader market to higher levels.
AI Theme Warms Up, Semiconductors Strengthen
U.S. technology stocks were again the focus of capital flows, mainly driven by Claude developer Anthropic filing for an IPO, reigniting market enthusiasm for AI investment. Broadcom rose 4%, AMD surged 5.45%, Nvidia rose 0.90%, Applied Materials rose 2.15%, Qualcomm rose 2.54%, with semiconductor stocks broadly stronger. Among them, Broadcom was upgraded by D.A. Davidson analyst from Neutral to Buy, with the price target raised to 400 dollars from 350 dollars, mainly reflecting the scale of cooperation disclosed in Anthropic IPO filing. Nvidia rose 0.9% to 217.94 dollars per share, and announced a 30億 dollar investment in Meta recently announced stock offering plan, while Meta will also expand deployment of Nvidia hardware to support its AI agent services. Memory stocks also moved higher, with Micron up 2.77%, Western Digital surging 6.95%, SanDisk up 3.92%, Seagate up 3.67%, and SK Hynix ADR also up 1.92%. In Taiwan today, including TSMC, AI servers, memory and related electronics supply chains, are likely to become the focus of capital pursuit, especially whether TSMC spot shares can follow futures gains at the open, which will be an important indicator of rebound strength.
Tech Earnings and Fed Decision to Drive Outlook
U.S. stocks were not uniformly optimistic, with tech giants still diverging. Apple rose 0.93%, Alphabet rose 1.19%, Amazon rose 1.61%, but Meta fell 1.64% and Microsoft fell 0.22%. Boeing plunged nearly 11% on slower-than-expected 737 MAX production ramp and long-term cash flow outlook, showing the market remains highly sensitive to corporate earnings. Next, Alphabet and Microsoft will report earnings on Wednesday, followed by Amazon on Thursday, with the market focusing on AI capital expenditure scale and whether massive investments can deliver real profits. In addition, the U.S. Federal Reserve will also announce its interest rate decision this week, with the market widely expecting no change, and subsequent remarks will sway market sentiment. International oil prices fell as tensions in the Persian Gulf may cool, helping ease inflationary pressures. Institutional investors remind that foreign investors remain net sellers, and investors should not chase prices hastily just on a sharp index rally, but watch whether TSMC can drive a broad rebound in electronics stocks, and whether turnover follows, adopting a phased布局 strategy, avoiding chasing highs, and remaining alert to volatility after a rebound.