Movement Alert｜iShares MSCI Taiwan ETF Rises 5.04% in Regular Trading, Global Semiconductor Oversold Rebound and TSMC Price Hike News Boost Sentiment

On July 21, iShares MSCI Taiwan ETF (EWT) rose 5.04% in regular trading, trading at $100.815/share, with turnover of $204 million.

On the news front, the global semiconductor sector staged a sharp oversold rebound after seven consecutive trading days of cumulative decline exceeding 32%. Asian markets rallied strongly, with the Taiwan Weighted Index gaining over 3% and the Korea Composite Index surging over 4%. Meanwhile, TSMC ADR rose over 3% in pre-market trading.

Reports indicate that TSMC has begun discussions with clients to raise chip manufacturing prices by up to 10% in 2027 to offset rising production costs. The planned price increase was reportedly delayed to 2027 to allow customers time to adjust. TSMC, as the largest constituent of the MSCI Taiwan Index, directly drove EWT higher on its rebound. The Philadelphia Semiconductor Index had already declined approximately 17% in July despite maintaining a 65% year-to-date gain.

The fund generally invests at least 80% of its assets in the component securities of the MSCI Taiwan Index, a free float-adjusted market capitalization-weighted index designed to measure the performance of large- and mid-cap equity segments in Taiwan.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)