TSMC Leads Taiwan Stock Market Surge Amid AI and Trade Optimism

In a strong trading session on Wednesday, Taiwan’s stock market celebrated a significant rally, closing over 450 points up, driven primarily by gains in the contract chipmaker, TSMC. The Central News Agency Taiwan reported that TSMC edged closer to the milestone of New Taiwan Dollar 1,000 following an overnight upswing in U.S. tech stocks. The Taiex, the weighted index on the Taiwan Stock Exchange, concluded at 21,782.87, marking a rise of 452.73 points, or 2.12 percent. TSMC saw a 3.10 percent hike, closing at New Taiwan Dollar 999, its highest since March 3. “TSMC and other electronics stocks attracted robust…