Foreign investors stream into Taiwan as AI stocks beckon

News Snapshot:

Investors are putting aside geopolitical tensions to pile in to Taiwan stocks, with foreign inflows the biggest in years, thanks to soaring artificial intelligence and chipmaking stocks. The wave of enthusiasm, which has also helped the tech-heavy Nasdaq to its best first half in 40 years, is running hard as the market is dominated like no other by top firms all along the computer hardware and software supply chains. Net foreign buying of $12 billion over the six months to June is the biggest since the first half of 2008, and Taiwan’s benchmark index performance - it is up 20%...