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Taiwan Stock Exchange Surges Past 33,000 Points on TSMC Gains

Taipei: Shares in Taiwan ended at the day’s high of 33,072.97 points Tuesday, as Taiwan Semiconductor Manufacturing Co. (TSMC) scored strong gains after its American depositary receipts (ADRs) closed at a record price overnight, dealers

Taiwan Shares Surge by 2.06%

Taipei: Taiwan shares ended up 668.35 points, or 2.06 percent, at 33,072.97 Tuesday on turnover of NT$656.51 billion (US$20.82 billion).

According to Focus Taiwan, the significant rise in the stock market reflects robust trading activities.

Supermicro Secures Landmark Syndicated Loan in Taiwan

Taipei: U.S.-based AI server supplier Super Micro Computer, Inc. (Supermicro) has successfully secured its first syndicated loan in Taiwan, valued at US$1.765 billion, as announced by CTBC Bank, the administrative agent of the loan syndication,