Institutional Investors See Taiwan Stocks Potentially Challenging 35,000 Points; Beware of Volatile Warfare

AI Summary (NQ-processed)

Following a ceasefire agreement between the US and Iran, major US stock indices surged on April 8th, with the Dow up 2.85%, Nasdaq up 2.80%, and the Philadelphia Semiconductor Index soaring 6.34%. Semiconductor stocks like Intel (+11.42%), Micron (+7.72%), and TSMC ADR (+5.96%) also rose significantly. Yuanta Securities Investment Trust's fund manager, Yang Li-kai, noted that while AI demand provides a strong foundation for Taiwan's exports and profits, geopolitical risks from the US-Iran peace talks' uncertainty warrant caution as Taiwan stocks approach historical highs.