Taiwan's stock market closed with positive dynamics. The Taiex index ended the day up 0.89% at 28,810.9 points, reflecting investor optimism.
The main driver of the rise was again Taiwan Semiconductor Manufacturing Co. (TSMC). The company's shares rose 1.3% to 1,530 Taiwan dollars ($48.7), renewing a historical maximum. The reason for the increase is the news that TSMC will increase the prices of advanced chips from January 2026 against the backdrop of global supply constraints.
Investors' attention is now focused on the investor conference to be held on January 15, where TSMC is expected to announce its roadmap and forecasts for 2026.
The rise in the technology sector was not limited to TSMC. MediaTek shares rose 2.5%, and Hon Hai Precision Industry (Foxconn) - 2.4%. Innolux was particularly notable, with its shares jumping 10% after news that it had secured orders for advanced FOPLP chips for SpaceX’s supply chain.
Buying was not limited to the technology sector, but also in traditional industrial and financial companies. Foreign institutional investors netted NT$9.3 billion ($296.2 million) in shares from the market during the day.
Analysts believe that rising demand and price expectations in the chip industry are keeping the Taiwanese market in a strong position heading into 2026.
