Taiwan's stock market hit a record high on April 14 as investors resumed aggressive buying of AI stocks, despite ongoing Middle East tensions. The Taiwan Weighted Index rose 1.8% in early trading, surpassing its previous intraday high from February 26. TSMC shares, a key component of the index, increased by 1.5%.
The index has surged approximately 25% this year, significantly outperforming the MSCI Asia Pacific Index's 9.7% gain. This recovery marks a full rebound from losses incurred since the Iran conflict began in late February, which had initially impacted global AI stocks due to concerns over energy costs and supply chain disruptions.
Taiwan Stock Market Reaches Record High Amid AI Stock Surge
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