Central News Agency (CNA, reporter Zeng Renkai, Taipei, July 1) The TSMC earnings call rally has begun early, leading the Taiwan stock market to rise over a thousand points in early trading today. The gains later narrowed, and the market fluctuated, with the 47,000-point level being a key battleground for most of the day. In the final trading session, TSMC's stock price was boosted, closing at the day's highest point of NT$2,505. This drove the main stock market index up by 893.08 points to close at 47,018.99 points, surpassing the 47,000-point mark, with a transaction value of approximately NT$1,301.972 billion. The four major weighted stocks saw mixed performance. TSMC closed up NT$95, or 3.94%, at NT$2,505. MediaTek rose NT$90, or 2.12%, to close at NT$4,335. Delta Electronics gained NT$40, or 2.05%, to close at NT$1,990. Hon Hai, however, turned negative, falling NT$3, or 1.2%, to close at NT$248. The silicon wafer sector, fueled by news of price hikes, performed strongly today. Sino-American Silicon Products Inc., GlobalWafers, Formosa Advanced Technologies Co., Ltd., and Etron Technology, Inc. all hit their upper price limits. The passive component sector also reported price increase news. Leading company Yageo's stock price surged to a high of NT$1,220 during trading, setting a new record high since its spin-off. However, it pulled back after reaching the high, finally closing flat at NT$1,140. Other stocks in the sector, including Kamay, Chilisin, Walsin Technology, Walsin Lihwa, and Leadtrend Technology, also saw many individual stocks close at their upper price limits. Fubon Securities Investment Trust Chairman Chen Yi-guang analyzed that the bullish trend of the Taiwan stock market remains unchanged. However, he pointed out three major challenges that may arise in the second half of the year. These include recent reports from well-known AI research firm Semi Analysis, which have successively named emerging technologies such as memory, CPO (Co-Packaged Opt