Taiwan Stocks Hit Record High! TSMC Breaks 2,000 TWD Barrier, Fubon Ice Factset Taiwan Core Semiconductor Index Etf (03076.HK) Surges Over 4% at Open

NewTimeSpace News：The recent two-week ceasefire agreement between the US and Iran has temporarily frozen the war clouds over the Strait of Hormuz. In early trading on April 14, the Taiwan Weighted Index soared 1.8% at one point, breaking through the previous all-time high set on February 26 to set a new record for Taiwan stocks. As a result, the global semiconductor industry rallied across the board, withFubon Ice Factset Taiwan Core Semiconductor Index Etf(03076.HK) jumping over 4% at the open. The fund has gained more than 52% year-to-date, significantly outperforming peer funds.

Hong Kong Stock Exchange data shows thatFubon Ice Factset Taiwan Core Semiconductor Index Etf(03076.HK) tracks the ICE FactSet Taiwan Core Semiconductor Capped 10% Index (Offshore), aiming to accurately reflect the overall performance of listed companies in Taiwan's semiconductor industry. This index serves as a high-purity tool for one-click exposure to Taiwan's semiconductor and technology sectors.

At the individual stock weighting level, the index employs an adjusted free-float market capitalization weighting method with dual weight caps to ensure diversification. First, the single largest constituent by free-float market cap is strictly limited to 25%, with any excess weight redistributed proportionally among remaining securities subject to the same 25% cap.

On April 10, TSMC shares breached the 2,000 TWD threshold, driving its market capitalization back above 48 trillion TWD and becoming the most powerful force lifting the index. Foreign investors positioned ahead of the earnings call — US-based brokerages' latest reports raised TSMC's target price from 2,600 TWD to 2,750 TWD, reiterating a "Buy" rating; another major international bank sees the target at 2,800 TWD, while domestic institutions range between 2,400 and 2,450 TWD.

Ho Wai Wa, Chief Investment Officer for North Asia at HSBC Private Banking and Wealth Management, stated that the AI transformation has moved from "Phase One" dominated by mega-cap tech leaders into "Phase Two" focusing on application and infrastructure rollout. He emphasized that Asia, as the global center for technology hardware, will be the biggest beneficiary of the AI super investment cycle, particularly bullish on Taiwan's growth potential in semiconductors, data centers, and the financial sector.

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