Stock Track | iShares MSCI Taiwan ETF Soars 5.39% in Pre-market on Semiconductor Surge and AI Chip Demand

Stock Track05-26

The iShares MSCI Taiwan ETF (EWT) surged 5.39% in pre-market trading on Tuesday, reflecting strong investor interest in Taiwan's equity market.

The rally was driven by a broad semiconductor sector surge that propelled the Taiwan market higher, with AI chip demand acting as the primary catalyst. TSMC, which accounts for approximately 42% of Taiwan's benchmark index market capitalization, has rallied roughly 49% year-to-date as the core supplier in the AI investment cycle.

Additionally, MSCI's latest quarterly rebalancing further raised TSMC's weighting by 0.56 percentage points, attracting additional passive fund inflows into Taiwan-focused instruments. Fundamentally, Taiwan's first-quarter GDP grew 13.7% year-over-year, driven by explosive chip demand tied to the AI boom, reinforcing the market's strong underlying growth trajectory.

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