Taiwan Stock Market Hits All-time High, AI Trading Resumes

BlockBeats News, April 14th. This Tuesday, the stock market in Taiwan hit a new high this week as investors returned to the AI stock frenzy seen before the Iran conflict, despite ongoing tensions in the Middle East.

During Tuesday's morning session, the Taiwan Weighted Index rose by about 1.8%, surpassing the intraday high on February 26th. TSMC's stock price surged by as much as 1.5%. The index has risen by about 25% this year, outperforming MSCI's Asia Pacific index, which rose by 9.7%, erasing all losses since the Iran conflict broke out at the end of February. At that time, global AI stocks plummeted due to concerns over surging energy costs and supply disruptions.