AI Drives Taiwan Stocks to Record High as ETFs Rally
AI capital spending has become a long-term driver of Taiwan stocks. Taishin Securities Investment Trust fund manager Wei Yung-hsiang estimates that earnings across Taiwan’s AI supply chain could still grow by 20%–60% in 2026. PGIM Prudential fund manager Kuo Ming-yu is bullish on advanced manufacturing processes, equipment and the server supply chain, saying TSMC’s capacity expansion could sustain momentum in Taiwan equity ETFs.
After geopolitical concerns eased, Taiwan stocks surged 1,451 points on April 1, the second-largest point gain on record. The 10 best-performing active and passive ETFs each rose more than 5%. The index gained another 556.67 points on April 10 to close at a record 35,417.83. Taiwan’s three major institutional investor groups recorded combined net purchases of NT$257.076 billion that week, while the benchmark advanced 8.74%.
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The history behind this eventSurging AI Chip and Computing Demand Drives Taiwan ETF Returns Past 100% as Stocks Hit Record
As global AI advances from generative models to agentic AI and robotics, cloud providers continue to expand data centers, boosting demand for AI chips, advanced packaging, memory, ASICs and IP. Taiwan's semiconductor supply chain has consequently become a major focus for investors. As of June 19, Taiwan equity ETFs had reached a combined NT$7.0159 trillion in assets, indicating that capital was increasingly concentrating in such products.
On June 22, 2026, Taiwan stocks opened 1,329.55 points higher and climbed to an intraday record of 47,794.75. Over the preceding year, Taishin Taiwan IC Design ETF (00947), managed by Taishin Securities Investment Trust, led Taiwan equity ETFs with a return of about 215%. Nomura's 00935, Mega's 00913 and UPAMC's 00981A also all more than doubled, while the top 10 performers beat the broader market by more than 60 percentage points.
Fourteen Active ETFs Hit Record Highs as AI Stocks Propel Returns
Active ETFs have been listing in Taiwan since 2025. Unlike passive ETFs that track indexes, their managers actively select stocks and adjust holdings. Taiwan's benchmark index surpassed 35,000 points for the first time, led by TSMC and AI supply-chain stocks in areas including liquid cooling and optical communications. The rally also amplified the returns and market attention generated by active stock-picking strategies.
On February 25, 2026, the combined market capitalization of 21 active ETFs rose to NT$237.26 billion, while 14 funds reached record share prices, including 11 Taiwan-equity and three overseas-equity ETFs. Uni-President Taiwan Growth Active ETF (00981A), managed by Uni-President Asset Management, closed at NT$20.02, up 3.52% for the day. It had gained 102.43% since listing on May 27, 2025, doubling in less than nine months.
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