In 12 days, $11.9 billion was explosively sold, and Taiwan stocks faced the most severe foreign capital sell-off in history
The Taiwan stock market, dominated by technology stocks, has been affected this year by a global correction in chip stocks, with growing concerns about overvaluation in the technology sector. Data shows that global funds have reduced their holdings in Taiwan stocks for 12 consecutive trading days, with a cumulative net sell-off of USD 11.9 billion. During this period, Taiwan Semiconductor's stock price has fallen nearly 10%, with foreign investors selling 155 million shares
Recently, Taiwan's stock market has faced the most severe foreign capital sell-off in history, with the heavyweight stock TSMC being neglected by investors.
According to exchange data compiled by Bloomberg, global funds have reduced their holdings in Taiwan stocks for 12 consecutive trading days, with a cumulative net sell-off of NT$391 billion (approximately US$11.9 billion). During this period, TSMC's stock price has fallen nearly 10%, with foreign investors selling 155 million shares.
Previously, investors flocked to AI leading stocks, but with the success of China's DeepSeek, the once-popular view that "China is far behind global competitors in AI development" has been questioned, leading to a more cautious attitude among investors towards AI concept stocks.
Taiwan's stock market is dominated by technology stocks, and this year, global chip stocks have corrected, with concerns about overvaluation in the tech sector continuing to rise, which has also dragged down Taiwan's stock market.
On Wednesday, the Taiwan Weighted Index rose 0.94%, down about 6% from its February peak. TSMC rose 1.8%, ending a week-long decline.
Earlier, Reuters reported that TSMC had proposed to a U.S. chip design company to take a stake in a joint venture that would operate Intel's factory. However, foreign investors only slightly increased their holdings of TSMC shares by less than 1 million shares that day