U.S. Stocks Rise for Two Straight Days, Philadelphia Semiconductor Index Leads Major Indexes
Taiwan stocks on the 28th are expected to extend their rebound, boosted by two consecutive days of strength in U.S. tech stocks, with the Philadelphia Semiconductor Index surging 3.6% and Taiex futures jumping 774 points in the night session, and electronic heavyweights expected to continue stabilizing. Analyst 林漢偉 said, however, foreign investors remained net sellers in the spot market, and today's key focus is whether 台積電 can lead the index to break above last Thursday's high, as well as follow-through buying strength in memory, silicon photonics and AI servers. U.S. stocks saw all four major indexes close higher for two straight days yesterday, with AI buying returning and the Philadelphia Semiconductor Index surging 3.6%, leading the major indexes. Among semiconductor stocks, Broadcom rose 4% and AMD surged 5.45%; among tech giants, Tesla rose 4.04% and Nvidia rose 0.9%. 林漢偉 said U.S. stocks opened higher and moved higher on Tuesday, as Anthropic IPO-related positives continued to ferment, coupled with a pullback in international oil prices, driving a rebound in market risk appetite. Two straight days of strong rebound in the Philadelphia Semiconductor Index shows funds flowing back into AI semiconductors, with the short-term stabilization signal for tech stocks becoming clearer.
Dollar Rebounds, Oil Prices Pull Back, Taiex Futures Night Session Surges
On the macro front, the dollar rebounded, U.S. Treasury yields were flat, and international oil prices broadly pulled back. Taiex futures surged 774 points in the night session, up 1.68%, favoring Taiwan stocks to extend their rebound. 台積電 ADR rose 3.03%, breaking above quarterly line resistance. 台積電 futures rose NT$42 in the night session to 2438, standing above quarterly line resistance. 林漢偉 noted that the strong night session for Taiex futures and stronger 台積電 ADR help electronic heavyweights continue stabilizing, with follow-through focus on foreign investors' spot buying and selling, and whether the index can hold above last Thursday's high.
Rotation in Non-Tech Themes, Robot Stocks Turn Stronger
Among non-tech and thematic concept stocks, the robot group turned stronger, including 東台, 盟立, 所羅門 and 大銀微. Panel packaging showed thematic rotation, including 友達, 誠美材, 明碁材 and 陽程. Low-orbit satellite stocks include 華通, 昇達科, 啟碁 and 穩懋. Optical lens stocks rotated upward, including 大立光, 玉晶光, 今國光 and 佳能. AI power stocks to watch for buying, including 元晶, 國碩, 強茂 and 台半. Overall thematic concept stocks maintained a rotation pattern, with short-term funds focusing on strengthening groups and stocks seeing buying inflows.
Electronics Focus on Memory and Silicon Photonics Buying
In electronics and technology stocks, the substrate group broadly rebounded, including 欣興, 景碩, 臻鼎-KY and 南電; PCB stocks to watch at the 5-day line, including 聯茂, 金像電, 金居 and 尖點; investment-trust-supported stocks include 頎邦, 富世達, 京元電 and 富喬. Memory stocks saw buying return, including 南亞科, 華邦電, 力積電 and 旺宏; passive components include 信昌電, 禾伸堂, 華新科 and 國巨; IC design to watch for strengthening, including 晶豪科, 鈺創, 愛普 and 新唐. Silicon photonics stabilized and rebounded, including 聯亞, 華星光, 眾達-KY and 光聖; AI servers saw institutional covering, including 緯創, 緯穎, 奇鋐 and 川湖; software stocks benefited from positives, including 東捷資訊, 華經, 智聯服務 and 晉泰. Data source is analyst 林漢偉 morning report.