Taiwan’s weighted index rose 219.68 points this week to 46,551.13, its second consecutive weekly gain, as lower U.S. Treasury yields and stronger semiconductor shares improved risk appetite. The index jumped 693.47 points on the 4th, while listed-company market capitalization returned above NT$152 trillion. The rally broadened beyond major electronics stocks into passive components, thermal solutions, printed circuit boards, equipment and ABF substrates as investors maintained confidence in long-term AI infrastructure demand. Fund managers said repeated changes in interest-rate expectations had increased volatility but had not produced a fundamental inflection point. They pointed to continuing investment by global technology companies in AI infrastructure and in-house chips, alongside rising demand for high-performance computing and semiconductors. Taiwan Index Futures separately surged 473 points to 47,182, while analysts debated whether the market could challenge 48,000; they also cited foreign positioning, inflation data, trading volume and the Federal Reserve’s September meeting as near-term risks.