US Semiconductor Stocks Remain Strong, Institutions Expect Taiwan Stocks to Maintain Strong Volatile Upward Trend

Q: What are the key facts in this article?

Driven by the continuous popularity of AI themes, US semiconductor stocks maintained strong performance, with the Philadelphia Semiconductor Index setting a new record high. Analysts expect Taiwan stocks, highly correlated with US stocks, to also remain strong in the short term, maintaining a volatile but upward trend.

Q: What is the direct answer?

Driven by the continuous popularity of AI themes, US semiconductor stocks maintained strong performance, with the Philadelphia Semiconductor Index setting a new record high. Analysts expect Taiwan stocks, highly correlated with US stocks, to also remain strong in the short term, maintaining a volatile but upward trend.

Q: What is the source and date?

Source: https://www.cna.com.tw/news/afe/202605120019.aspx | Date: Date unavailable

Central News Agency. (Central News Agency reporter Tseng Jen-kai, Taipei, 12th) With the AI theme continuing to be hot, US semiconductor stocks remained strong. On the 11th, the Philadelphia Semiconductor Index rose 305.54 points, continuing to hit a new high. Legal entities believe that Taiwan stocks have a high correlation with US stocks, and are expected to be strong in the short term, maintaining a volatile but upward trend. Although the US rejected Iran's conditions for ending the Middle East war, capital expenditure on AI infrastructure continues to expand. Led by semiconductor stocks, the four major Wall Street indices all closed higher on Monday, with the S&P, Nasdaq, and Philadelphia Semiconductor indices all setting new closing highs. On the 11th, the Dow Jones Industrial Average rose 95.31 points, or 0.19%, to close at 49704.47 points. The S&P 500 index edged up 13.91 points, or 0.19%, to 7412.84 points. The technology-heavy Nasdaq index rose 27.05 points, or 0.10%, to 26274.13 points. The Philadelphia Semiconductor Index soared 305.54 points, or 2.59%, to 12081.04 points. In terms of individual stocks, the performance of semiconductor stocks continued to be hot. It was reported that Apple transferred some chip orders to Intel for production, breaking TSMC's exclusive supply situation. On Monday, Intel's stock price rose $4.52, or 3.62%, to close at $129.44; TSMC's ADR stock price fell $7.14, or 1.73%, to $404.54. Among other chip stocks, Qualcomm surged $18.44, or 8.42%, to $237.53; Micron rose $48.52, or 6.5%, to $795.33; NVIDIA rose $4.24, or 1.97%, to close at $219.44. Wang Wei-che, fund manager of E. Sun Securities Investment Trust, analyzed that the current bull run in Taiwan stocks since early April has remained strong, with the daily K-line rising along the 5-day moving average. Currently, the weighted index is rising with both price and volume, indicating that the bullish pattern remains unchanged. Although there is concern that the index's devia

US Semiconductor Stocks Remain Strong, Institutions Expect Taiwan Stocks to Maintain Strong Volatile Upward Trend

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