Taiwan Stocks Surge 1,019 Points on Geopolitical Easing and AI-Led Rally
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After US President Trump canceled airstrike plans on Iran, global stocks rebounded. Taiwan's weighted index closed up 1,019.58 points at 44,169.04 on June 12, reclaiming its monthly moving average. AI stocks led the charge, with TSMC rising NT$60 to close at NT$2,310.