US and Asian Stocks Strengthen, Taiwan Stocks Open Higher With 908-Point Swing
US stocks moved higher on Monday as Anthropic filed its first IPO application, reigniting market enthusiasm for artificial intelligence investment, with all four major US indices strengthening, including a rise of over 2.8% in the Philadelphia Semiconductor Index. Asian stocks opened strongly on the 27th, with Korean stocks surging nearly 4% and Japanese stocks rising over 1,000 points. Taipei stocks opened up 169.77 points at 46211.2 points, at one point surging intraday to 46585.45 points, up 544.02 points, before encountering selling pressure and turning negative, fluctuating late in the session with a high-low swing of 908 points, and closing up 54.8 points, or about 0.12%, at 46096.23 points, with trading volume of 9765.47亿元. Small and mid-cap stocks opened higher and moved lower together, with the OTC index opening up 2.19 points at 383.88 points, then turning negative under pressure, and closing down 2.49 points, or about 0.65%, at 379.2 points, with trading volume of 1814.8亿元.
Divergent Heavyweights, TSMC Supports Market by 118 Points
Heavyweight stocks were mixed, with TSMC opening down 5 yuan at 2380 yuan, then turning positive and moving higher, reaching as high as 2405 yuan, turning negative once intraday, but turning positive again with buying support, closing up 15 yuan, or about 0.63%, at 2400 yuan, contributing about 118 points to the broader market. MediaTek is set to hold an online investor conference this Friday, with strong wait-and-see and hedging sentiment ahead of the conference and continued foreign selling pressure, closing down 50 yuan, or about 1.25%, at 3960 yuan. Delta Electronics opened lower and moved lower, opening down 25 yuan at 1535 yuan, and closing down 50 yuan, or about 3.21%, at 1510 yuan.
Memory Stocks Strong Across the Board, CCL and Passive Components Under Pressure
PCB stocks opened higher and moved lower, with CCL copper-clad laminate related stocks the hardest hit, as the market reported that Taiwan Union Technology (台燿), the second-largest copper-clad laminate maker, lost Amazon AWS latest Trainium 4 orders to competitors. Trainium 4 mainly uses M9-grade materials, the main shipment focus for CCL makers next year, and 台燿 was pushed to the daily limit down today. Passive component stocks moved lower under pressure, with Holy Stone (禾伸堂) falling over 6%, Sin-Chang Electric (信昌電), Junbao (鈞寶), and Tianerke falling over 5%, and Qinkai (勤凱) and Leco (雷科) falling over 4%. Benchmark stock Yageo (國巨) will hold its third-quarter investor conference this Thursday, with US-based foreign investors optimistic about continued growth in the fourth quarter and reiterating a positive view, and 國巨 shares at one point reached 530 yuan, up nearly 5%, closing up over 2%.
The memory sector strengthened across the board, boosted by a surge of over 6% in Korean semiconductor giant SK Hynix shares and reports of a large-scale shareholder reward plan, with funds flowing into related stocks. DRAM maker Nanya Technology (南亞科) surged over 8.4% in early trading, hitting as high as 449 yuan, and closed up over 6%, driving Winbond (華邦電) up over 5%, Powerchip (力積電) up over 4%, and Macronix (旺宏) up over 3%. On the individual stock front, HTC (宏達電) officially unveiled its new personal AI product VIVEE, combining AI conversation, long-term memory, personality development and physical interaction, extending the AI experience to a portable, continuously interactive personal companion device, reaching as high as 40.9 yuan intraday, up over 2.8%, and closing up 0.38%.