Taiwan's TAIEX Nears 50,000 as TSMC Hits Record on AI Packaging Demand

Taiwan's TAIEX rose 0.22% to a record close of 49,822, with an intraday high of 49,968.92. TSMC shares hit an all-time high of NT$2,585 amid demand for its CoWoS AI packaging ahead of its October 15 earnings call.

• TAIEX closed at a record 49,822, just 32 points short of 50,000
• TSMC shares rose to NT$2,585, pushing market cap above $2.4 trillion
• Goldman Sachs expects CoWoS revenue to grow over 100% in 2026
• CoWoS share of TSMC revenue to rise from ~12% to 16.7% by 2027