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Taiwan Stocks Drop 1,083 Points as AI Suppliers Hit Limit Down

Taiwan Stocks Drop 1,083 Points as AI Suppliers Hit Limit Down

Photo: TokenPost

Taiwan’s weighted stock index fell as much as 1,082.81 points early Nov. 5 in Taipei (Nov. 4 ET), as memory-chip and other AI data-center suppliers sold off while TSMC shares held nearly flat. The index touched 41,866.10, down 2.52% from the previous close. By 9 p.m. ET Nov. 4 (10 a.m. Nov. 5 in Taipei), it had recovered to 42,203, down 745.43 points, or 1.74%. Taiwan’s over-the-counter index fell as much as 5.23%. Memory-chip shares fell as much as 9.64%, 9.54% and 9.36% at their session lows.

Source: TokenPost

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